JSF Financial LLC Has $42.75 Million Stake in Capital Group Growth ETF $CGGR

JSF Financial LLC boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 21.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 1,063,800 shares of the company’s stock after buying an additional 190,083 shares during the quarter. Capital Group Growth ETF comprises 8.4% of JSF Financial LLC’s investment portfolio, making the stock its 3rd largest holding. JSF Financial LLC’s holdings in Capital Group Growth ETF were worth $42,754,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGR. Florida Financial Advisors LLC lifted its position in Capital Group Growth ETF by 92.7% during the 1st quarter. Florida Financial Advisors LLC now owns 15,937 shares of the company’s stock valued at $641,000 after purchasing an additional 7,665 shares during the period. Carson Advisory Inc. boosted its stake in shares of Capital Group Growth ETF by 23.8% in the 1st quarter. Carson Advisory Inc. now owns 7,647 shares of the company’s stock valued at $307,000 after purchasing an additional 1,471 shares during the last quarter. World Equity Group Inc. acquired a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $455,000. Clifford Swan Investment Counsel LLC acquired a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $242,000. Finally, Kera Capital Partners Inc. lifted its holdings in Capital Group Growth ETF by 2.5% in the first quarter. Kera Capital Partners Inc. now owns 409,768 shares of the company’s stock valued at $16,469,000 after buying an additional 10,169 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $45.29 on Tuesday. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The stock has a market cap of $23.97 billion, a PE ratio of 30.88 and a beta of 1.17. The firm’s 50 day moving average price is $46.39 and its two-hundred day moving average price is $44.42.

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.