Janney Montgomery Scott LLC Has $48.86 Million Holdings in Capital Group Growth ETF $CGGR

Janney Montgomery Scott LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 19.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,215,680 shares of the company’s stock after buying an additional 194,338 shares during the period. Janney Montgomery Scott LLC’s holdings in Capital Group Growth ETF were worth $48,858,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Gemmer Asset Management LLC grew its position in shares of Capital Group Growth ETF by 0.5% in the 4th quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock valued at $2,204,000 after acquiring an additional 248 shares during the period. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Capital Group Growth ETF by 7.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock valued at $196,000 after purchasing an additional 321 shares during the period. Keystone Financial Services LLC raised its holdings in shares of Capital Group Growth ETF by 2.1% in the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock valued at $737,000 after purchasing an additional 336 shares during the period. First Trust Advisors LP lifted its stake in Capital Group Growth ETF by 6.7% in the 3rd quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock valued at $243,000 after purchasing an additional 349 shares during the last quarter. Finally, Hilltop Holdings Inc. lifted its stake in Capital Group Growth ETF by 6.2% in the 4th quarter. Hilltop Holdings Inc. now owns 5,956 shares of the company’s stock valued at $265,000 after purchasing an additional 350 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $45.78 on Monday. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.02. The stock has a market capitalization of $22.76 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock has a 50-day simple moving average of $45.87 and a 200 day simple moving average of $44.19.

About Capital Group Growth ETF

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.