Capital Group Growth ETF $CGGR is Barnes Pettey Financial Advisors LLC’s Largest Position

Barnes Pettey Financial Advisors LLC boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 824,935 shares of the company’s stock after acquiring an additional 16,355 shares during the period. Capital Group Growth ETF comprises 14.4% of Barnes Pettey Financial Advisors LLC’s portfolio, making the stock its largest holding. Barnes Pettey Financial Advisors LLC owned approximately 0.17% of Capital Group Growth ETF worth $33,154,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CGGR. Morgan Stanley grew its holdings in shares of Capital Group Growth ETF by 94.6% during the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after buying an additional 13,065,920 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after buying an additional 6,814,693 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Capital Group Growth ETF by 31.7% during the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after buying an additional 2,680,056 shares during the period. Wells Fargo & Company MN boosted its position in Capital Group Growth ETF by 26.2% during the fourth quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock worth $552,480,000 after acquiring an additional 2,580,345 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in Capital Group Growth ETF by 11.5% during 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

CGGR stock opened at $47.07 on Thursday. The stock has a market capitalization of $24.72 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The company has a 50 day moving average price of $46.02 and a two-hundred day moving average price of $44.24.

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.