Bellevue Asset Management LLC Raises Stock Position in Capital Group Growth ETF $CGGR

Bellevue Asset Management LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 8.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 252,261 shares of the company’s stock after buying an additional 20,459 shares during the period. Capital Group Growth ETF accounts for about 5.1% of Bellevue Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Bellevue Asset Management LLC’s holdings in Capital Group Growth ETF were worth $10,138,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Triumph Capital Management bought a new position in shares of Capital Group Growth ETF in the third quarter worth $29,000. Mark Sheptoff Financial Planning LLC raised its stake in shares of Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares in the last quarter. Avion Wealth bought a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at about $68,000. Godfrey Financial Associates Inc. acquired a new stake in Capital Group Growth ETF in the fourth quarter worth about $78,000. Finally, WFA of San Diego LLC acquired a new stake in Capital Group Growth ETF in the second quarter worth about $81,000.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $47.07 on Thursday. Capital Group Growth ETF has a 12-month low of $38.55 and a 12-month high of $48.02. The stock has a market capitalization of $24.72 billion, a PE ratio of 30.88 and a beta of 1.17. The firm has a 50 day simple moving average of $46.02 and a 200-day simple moving average of $44.24.

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.