Bleakley Financial Group LLC Grows Stock Holdings in Capital Group Growth ETF $CGGR

Bleakley Financial Group LLC raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 8.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 162,468 shares of the company’s stock after acquiring an additional 13,132 shares during the quarter. Bleakley Financial Group LLC’s holdings in Capital Group Growth ETF were worth $6,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its stake in Capital Group Growth ETF by 174.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after purchasing an additional 203,151 shares in the last quarter. First Trust Advisors LP bought a new position in Capital Group Growth ETF in the 2nd quarter valued at $211,000. Cerity Partners LLC grew its position in shares of Capital Group Growth ETF by 176.7% during the 2nd quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after purchasing an additional 42,631 shares in the last quarter. Sei Investments Co. grew its position in shares of Capital Group Growth ETF by 19.5% during the 2nd quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock valued at $47,277,000 after purchasing an additional 189,933 shares in the last quarter. Finally, Diversify Wealth Management LLC bought a new position in shares of Capital Group Growth ETF in the second quarter worth $320,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $46.64 on Wednesday. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The company has a market capitalization of $24.64 billion, a PE ratio of 30.88 and a beta of 1.17. The business’s fifty day moving average is $46.41 and its 200 day moving average is $44.39.

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.