Capital Group Growth ETF (NYSEARCA:CGGR) Stake Increased by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 829,446 shares of the company’s stock after buying an additional 42,518 shares during the period. Capital Group Growth ETF makes up about 4.7% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 5th largest holding. Johnson Bixby & Associates LLC owned about 0.49% of Capital Group Growth ETF worth $30,830,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its holdings in Capital Group Growth ETF by 24.6% in the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after acquiring an additional 2,456,913 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Capital Group Growth ETF by 4.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock worth $324,351,000 after purchasing an additional 359,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Growth ETF by 3.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after purchasing an additional 194,550 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of Capital Group Growth ETF by 15.3% during the third quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after purchasing an additional 517,412 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Capital Group Growth ETF by 23.1% during the second quarter. Cetera Investment Advisers now owns 3,153,822 shares of the company’s stock valued at $103,729,000 after buying an additional 591,968 shares during the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $39.60 on Friday. The company has a market capitalization of $6.74 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The stock has a 50-day moving average of $37.97 and a 200 day moving average of $35.38. Capital Group Growth ETF has a one year low of $28.78 and a one year high of $39.60.

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.