Johnson Bixby & Associates LLC reduced its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 1.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,411,799 shares of the company’s stock after selling 18,987 shares during the period. Capital Group Growth ETF comprises 7.3% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 3rd biggest holding. Johnson Bixby & Associates LLC’s holdings in Capital Group Growth ETF were worth $66,962,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Weil Company Inc. increased its position in Capital Group Growth ETF by 8.0% in the third quarter. Weil Company Inc. now owns 50,265 shares of the company’s stock worth $2,384,000 after buying an additional 3,730 shares during the last quarter. Tempus Wealth Planning LLC raised its position in shares of Capital Group Growth ETF by 1.0% in the third quarter. Tempus Wealth Planning LLC now owns 36,847 shares of the company’s stock worth $1,748,000 after buying an additional 359 shares in the last quarter. WealthSpring Partners LLC increased its position in shares of Capital Group Growth ETF by 12.3% in the third quarter. WealthSpring Partners LLC now owns 12,724 shares of the company’s stock worth $603,000 after purchasing an additional 1,394 shares during the last quarter. Lodestone Wealth Management LLC increased its position in shares of Capital Group Growth ETF by 9.6% in the third quarter. Lodestone Wealth Management LLC now owns 30,704 shares of the company’s stock worth $1,456,000 after purchasing an additional 2,693 shares during the last quarter. Finally, First Citizens Bank & Trust Co. raised its stake in Capital Group Growth ETF by 14.4% in the third quarter. First Citizens Bank & Trust Co. now owns 5,374 shares of the company’s stock valued at $255,000 after purchasing an additional 677 shares in the last quarter.
Capital Group Growth ETF Price Performance
Shares of Capital Group Growth ETF stock opened at $47.35 on Thursday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.69. The firm has a market cap of $26.12 billion, a PE ratio of 30.88 and a beta of 1.18. The company has a 50 day simple moving average of $47.24 and a two-hundred day simple moving average of $45.91.
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.
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