Capital Group Growth ETF $CGGR is Burford Brothers Inc.’s 6th Largest Position

Burford Brothers Inc. grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 6.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,582 shares of the company’s stock after acquiring an additional 12,593 shares during the period. Capital Group Growth ETF accounts for 3.4% of Burford Brothers Inc.’s holdings, making the stock its 6th biggest holding. Burford Brothers Inc.’s holdings in Capital Group Growth ETF were worth $8,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of Capital Group Growth ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after purchasing an additional 6,814,693 shares during the last quarter. Morgan Stanley increased its position in Capital Group Growth ETF by 94.6% during the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after buying an additional 13,065,920 shares in the last quarter. Capital Group Private Client Services Inc. raised its stake in Capital Group Growth ETF by 2.5% in the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after buying an additional 585,780 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in 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 in the last quarter. Finally, Bank of America Corp DE boosted its holdings in 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 in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $46.53 on Friday. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02. The firm has a market capitalization of $24.44 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The stock’s 50-day simple moving average is $46.11 and its 200-day simple moving average is $44.28.

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.