Janney Montgomery Scott LLC Has $48.86 Million Stock Holdings in Capital Group Growth ETF $CGGR

Janney Montgomery Scott LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 19.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,215,680 shares of the company’s stock after acquiring an additional 194,338 shares during the quarter. Janney Montgomery Scott LLC owned 0.25% of Capital Group Growth ETF worth $48,858,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Triumph Capital Management acquired a new position in Capital Group Growth ETF during the third quarter worth $29,000. Mark Sheptoff Financial Planning LLC lifted its position in Capital Group Growth ETF by 88.7% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after buying an additional 500 shares in the last quarter. Provenance Wealth Advisors LLC bought a new stake in Capital Group Growth ETF during the 3rd quarter worth about $60,000. Avion Wealth acquired a new position in shares of Capital Group Growth ETF during the 4th quarter worth about $68,000. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of Capital Group Growth ETF during the 4th quarter worth about $78,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $45.78 on Monday. The business has a 50-day moving average of $45.87 and a 200-day moving average of $44.19. The stock has a market capitalization of $22.76 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

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.