Stonebridge Financial Group LLC Purchases 35,677 Shares of Capital Group Growth ETF $CGGR

Stonebridge Financial Group LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 8.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 443,161 shares of the company’s stock after purchasing an additional 35,677 shares during the period. Capital Group Growth ETF accounts for 1.6% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 17th biggest holding. Stonebridge Financial Group LLC’s holdings in Capital Group Growth ETF were worth $20,917,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGGR. Private Client Services LLC acquired a new position in shares of Capital Group Growth ETF during the second quarter valued at $1,297,000. Versant Capital Management Inc increased its position in Capital Group Growth ETF by 98.7% in the second quarter. Versant Capital Management Inc now owns 10,616 shares of the company’s stock worth $501,000 after purchasing an additional 5,273 shares during the period. CX Institutional increased its position in Capital Group Growth ETF by 475.0% in the second quarter. CX Institutional now owns 4,031 shares of the company’s stock worth $190,000 after purchasing an additional 3,330 shares during the period. DV Trading LLC raised its holdings in Capital Group Growth ETF by 297.9% during the 1st quarter. DV Trading LLC now owns 17,508 shares of the company’s stock worth $704,000 after purchasing an additional 13,108 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Capital Group Growth ETF by 3.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,509,552 shares of the company’s stock worth $60,669,000 after purchasing an additional 49,640 shares during the last quarter.

Capital Group Growth ETF Trading Up 2.1%

Capital Group Growth ETF stock opened at $45.77 on Tuesday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The company has a market cap of $24.63 billion, a PE ratio of 30.88 and a beta of 1.17. The company’s 50-day moving average is $46.17 and its two-hundred day moving average is $44.40.

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.