Johnson Bixby & Associates LLC Buys 29,362 Shares of Capital Group Growth ETF $CGGR

Johnson Bixby & Associates LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,424,119 shares of the company’s stock after buying an additional 29,362 shares during the quarter. Capital Group Growth ETF accounts for approximately 7.1% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 4th biggest position. Johnson Bixby & Associates LLC owned approximately 0.29% of Capital Group Growth ETF worth $57,235,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CGGR. SG Americas Securities LLC acquired a new stake in Capital Group Growth ETF in the first quarter valued at approximately $4,449,000. Balboa Wealth Partners grew its holdings in Capital Group Growth ETF by 13.7% during the 1st quarter. Balboa Wealth Partners now owns 16,922 shares of the company’s stock worth $680,000 after acquiring an additional 2,038 shares in the last quarter. Founders Financial Securities LLC grew its holdings in Capital Group Growth ETF by 17.9% during the 1st quarter. Founders Financial Securities LLC now owns 353,320 shares of the company’s stock worth $14,850,000 after acquiring an additional 53,650 shares in the last quarter. Genesis Private Wealth LLC increased its position in shares of Capital Group Growth ETF by 0.3% in the 1st quarter. Genesis Private Wealth LLC now owns 227,813 shares of the company’s stock valued at $9,156,000 after purchasing an additional 581 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its position in shares of Capital Group Growth ETF by 26.0% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 28,963 shares of the company’s stock valued at $1,164,000 after purchasing an additional 5,985 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $46.96 on Monday. Capital Group Growth ETF has a twelve month low of $38.49 and a twelve month high of $48.02. The firm’s fifty day simple moving average is $45.57 and its 200-day simple moving average is $44.14. The firm has a market capitalization of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.