Stephens Inc. AR Raises Holdings in Capital Group Growth ETF $CGGR

Stephens Inc. AR boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 204.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 252,436 shares of the company’s stock after purchasing an additional 169,534 shares during the quarter. Stephens Inc. AR owned approximately 0.07% of Capital Group Growth ETF worth $10,262,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of CGGR. LPL Financial LLC increased its holdings in 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 period. Commonwealth Equity Services LLC increased its holdings in 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 period. Envestnet Asset Management Inc. increased its holdings in 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 period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Growth ETF by 14.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock valued at $310,801,000 after acquiring an additional 1,166,451 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of Capital Group Growth ETF by 49.3% in the 1st quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after acquiring an additional 1,097,272 shares during the last quarter.

Capital Group Growth ETF Stock Performance

CGGR opened at $44.55 on Tuesday. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $44.71. The company has a market cap of $17.07 billion, a P/E ratio of 30.88 and a beta of 1.09. The business’s 50-day simple moving average is $43.32 and its 200-day simple moving average is $39.90.

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.