Capital Group Growth ETF (NYSEARCA:CGGR) Holdings Boosted by Obsidian Personal Planning Solutions LLC

Obsidian Personal Planning Solutions LLC increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 8.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 199,135 shares of the company’s stock after buying an additional 15,869 shares during the quarter. Capital Group Growth ETF comprises about 3.4% of Obsidian Personal Planning Solutions LLC’s holdings, making the stock its 10th largest position. Obsidian Personal Planning Solutions LLC owned approximately 0.12% of Capital Group Growth ETF worth $6,936,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CGGR. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Growth ETF during the 3rd quarter worth $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Capital Group Growth ETF during the third quarter valued at about $35,000. GAMMA Investing LLC acquired a new stake in shares of Capital Group Growth ETF during the second quarter valued at about $38,000. Fairscale Capital LLC bought a new position in shares of Capital Group Growth ETF during the second quarter worth about $39,000. Finally, Hershey Financial Advisers LLC bought a new position in shares of Capital Group Growth ETF during the second quarter worth about $58,000.

Capital Group Growth ETF Stock Down 1.6 %

Shares of NYSEARCA CGGR opened at $36.40 on Friday. The firm’s 50-day moving average price is $35.08 and its two-hundred day moving average price is $33.41. Capital Group Growth ETF has a 52-week low of $25.98 and a 52-week high of $37.76. The stock has a market capitalization of $6.20 billion, a P/E ratio of 28.99 and a beta of 1.22.

Capital Group Growth ETF Company Profile

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.