26,343 Capital Group Growth ETF $CGGR Shares Acquired by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 469,504 shares of the company’s stock after buying an additional 26,343 shares during the quarter. Capital Group Growth ETF makes up 1.6% of Stonebridge Financial Group LLC’s portfolio, making the stock its 17th biggest holding. Stonebridge Financial Group LLC owned 0.09% of Capital Group Growth ETF worth $22,269,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of Capital Group Growth ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after acquiring an additional 6,814,693 shares during the period. Advance Capital Management Inc. raised its stake in Capital Group Growth ETF by 239.5% during the 1st quarter. Advance Capital Management Inc. now owns 2,860,148 shares of the company’s stock worth $114,949,000 after acquiring an additional 2,017,650 shares during the period. Royal Bank of Canada lifted its holdings in Capital Group Growth ETF by 30.1% during the first quarter. Royal Bank of Canada now owns 8,428,060 shares of the company’s stock valued at $338,724,000 after purchasing an additional 1,952,001 shares in the last quarter. WNY Asset Management LLC bought a new position in shares of Capital Group Growth ETF in the first quarter worth approximately $72,542,000. Finally, Cetera Investment Advisers boosted its position in shares of Capital Group Growth ETF by 19.4% in the first quarter. Cetera Investment Advisers now owns 9,800,927 shares of the company’s stock worth $393,899,000 after purchasing an additional 1,593,112 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA CGGR traded up $0.02 during midday trading on Thursday, reaching $47.45. The stock had a trading volume of 2,725,272 shares, compared to its average volume of 3,094,007. The company has a market capitalization of $25.95 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 12-month low of $38.55 and a 12-month high of $48.47. The stock has a 50-day moving average of $46.65 and a 200-day moving average of $45.43.

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.