Dean Jacobson Financial Services LLC Buys 178,275 Shares of Capital Group Growth ETF $CGGR

Dean Jacobson Financial Services LLC lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 1,629.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 189,216 shares of the company’s stock after acquiring an additional 178,275 shares during the quarter. Capital Group Growth ETF makes up 5.3% of Dean Jacobson Financial Services LLC’s portfolio, making the stock its 5th biggest holding. Dean Jacobson Financial Services LLC’s holdings in Capital Group Growth ETF were worth $8,414,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of CGGR. Hazlett Burt & Watson Inc. raised its stake in shares of Capital Group Growth ETF by 806.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at approximately $25,000. New Millennium Group LLC bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in Capital Group Growth ETF in the third quarter worth approximately $29,000. Finally, Fifth Third Bancorp increased its holdings in Capital Group Growth ETF by 285.9% in the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after buying an additional 506 shares during the last quarter.

Capital Group Growth ETF Trading Up 1.9%

Capital Group Growth ETF stock opened at $45.99 on Thursday. Capital Group Growth ETF has a 1-year low of $35.23 and a 1-year high of $46.03. The firm’s fifty day simple moving average is $42.53 and its 200-day simple moving average is $43.59. The company has a market capitalization of $22.86 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.