Capital Group Growth ETF $CGGR is Financial Council LLC’s 3rd Largest Position

Financial Council LLC boosted its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 485,720 shares of the company’s stock after purchasing an additional 26,314 shares during the quarter. Capital Group Growth ETF makes up 7.5% of Financial Council LLC’s portfolio, making the stock its 3rd biggest holding. Financial Council LLC’s holdings in Capital Group Growth ETF were worth $19,521,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CGGR. LPL Financial LLC boosted its stake in Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after buying an additional 6,814,693 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Capital Group Growth ETF by 94.6% during the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after acquiring an additional 13,065,920 shares during the period. Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group Growth ETF by 2.5% during the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock worth $1,068,445,000 after acquiring an additional 585,780 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Capital Group Growth ETF by 3.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock worth $586,714,000 after acquiring an additional 485,654 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after acquiring an additional 1,322,744 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $45.82 on Friday. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The firm has a 50 day moving average price of $45.84 and a 200 day moving average price of $44.18. The company has a market cap of $22.78 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.