Capital Group Growth ETF $CGGR Holdings Lessened by JSF Financial LLC

JSF Financial LLC decreased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 915,194 shares of the company’s stock after selling 23,584 shares during the quarter. Capital Group Growth ETF accounts for about 8.8% of JSF Financial LLC’s investment portfolio, making the stock its 2nd largest position. JSF Financial LLC owned approximately 0.26% of Capital Group Growth ETF worth $37,203,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CGGR. LPL Financial LLC raised its position in Capital Group Growth ETF by 36.1% in the first quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock worth $782,094,000 after acquiring an additional 6,059,534 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Capital Group Growth ETF by 13.8% in 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 in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Growth ETF by 17.0% in 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 in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Capital Group Growth ETF by 14.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock valued at $310,801,000 after purchasing an additional 1,166,451 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in Capital Group Growth ETF by 49.3% during the first quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after purchasing an additional 1,097,272 shares during the period.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $44.24 on Friday. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $44.71. The firm has a market capitalization of $16.82 billion, a PE ratio of 30.88 and a beta of 1.09. The stock has a 50-day simple moving average of $42.78 and a two-hundred day simple moving average of $39.14.

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.