Stonebridge Financial Group LLC Purchases 52,058 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Stonebridge Financial Group LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 174.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 81,860 shares of the company’s stock after acquiring an additional 52,058 shares during the period. Stonebridge Financial Group LLC’s holdings in Capital Group Growth ETF were worth $2,804,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Summit Global Investments increased its holdings in Capital Group Growth ETF by 2.0% during the 4th quarter. Summit Global Investments now owns 15,043 shares of the company’s stock worth $559,000 after acquiring an additional 300 shares during the period. Meridian Wealth Management LLC increased its holdings in Capital Group Growth ETF by 0.5% during the 4th quarter. Meridian Wealth Management LLC now owns 72,699 shares of the company’s stock worth $2,702,000 after acquiring an additional 332 shares during the period. Financial Perspectives Inc increased its holdings in Capital Group Growth ETF by 0.8% during the 1st quarter. Financial Perspectives Inc now owns 48,308 shares of the company’s stock worth $1,655,000 after acquiring an additional 406 shares during the period. CRA Financial Services LLC increased its holdings in shares of Capital Group Growth ETF by 7.6% in the 1st quarter. CRA Financial Services LLC now owns 6,639 shares of the company’s stock worth $227,000 after buying an additional 469 shares during the last quarter. Finally, Duncan Williams Asset Management LLC increased its holdings in shares of Capital Group Growth ETF by 8.7% in the 1st quarter. Duncan Williams Asset Management LLC now owns 6,261 shares of the company’s stock worth $214,000 after buying an additional 501 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $40.45 on Friday. The company’s fifty day moving average price is $37.44 and its 200-day moving average price is $37.00. The firm has a market capitalization of $13.33 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $40.55.

Capital Group Growth ETF 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.