Stonebridge Financial Group LLC Has $20.92 Million Holdings in Capital Group Growth ETF $CGGR

Stonebridge Financial Group LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 8.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 443,161 shares of the company’s stock after buying an additional 35,677 shares during the quarter. Capital Group Growth ETF makes up about 1.6% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 17th biggest position. Stonebridge Financial Group LLC owned 0.08% of Capital Group Growth ETF worth $20,917,000 at the end of the most recent reporting period.

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

Capital Group Growth ETF Stock Up 2.1%

Shares of NYSEARCA:CGGR opened at $45.77 on Tuesday. The firm has a market cap of $24.63 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.02. The company’s 50-day moving average price is $46.17 and its two-hundred day moving average price is $44.40.

Capital Group Growth ETF Company 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.