MGO One Seven LLC Decreases Stake in Capital Group Growth ETF $CGGR

MGO One Seven LLC lowered its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 14.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,758 shares of the company’s stock after selling 15,032 shares during the period. MGO One Seven LLC’s holdings in Capital Group Growth ETF were worth $3,567,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CGGR. LPL Financial LLC increased its stake in shares of Capital Group Growth ETF by 36.1% during the 1st quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock worth $782,094,000 after purchasing an additional 6,059,534 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Capital Group Growth ETF by 13.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 11,677,554 shares of the company’s stock worth $399,956,000 after purchasing an additional 1,415,798 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Growth ETF by 17.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,099,224 shares of the company’s stock worth $277,398,000 after purchasing an additional 1,175,119 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Capital Group Growth ETF by 14.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock worth $310,801,000 after purchasing an additional 1,166,451 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of Capital Group Growth ETF by 49.3% during the 1st quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock worth $113,975,000 after purchasing an additional 1,097,272 shares during the last quarter.

Capital Group Growth ETF Trading Up 2.3%

Capital Group Growth ETF stock opened at $44.02 on Tuesday. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $44.71. The firm has a market capitalization of $16.82 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09. The firm has a 50 day simple moving average of $43.09 and a 200 day simple moving average of $39.53.

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.