Johnson Bixby & Associates LLC Buys 48,837 Shares of Capital Group Growth ETF $CGGR

Johnson Bixby & Associates LLC raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 3.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,394,757 shares of the company’s stock after buying an additional 48,837 shares during the period. Capital Group Growth ETF comprises about 7.7% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 3rd biggest holding. Johnson Bixby & Associates LLC owned 0.32% of Capital Group Growth ETF worth $62,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of CGGR. Goldman Sachs Group Inc. increased its stake in shares of Capital Group Growth ETF by 174.1% in the first 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. Creative Planning boosted its position in Capital Group Growth ETF by 9.7% during the second quarter. Creative Planning now owns 27,418 shares of the company’s stock valued at $1,115,000 after purchasing an additional 2,433 shares during the last quarter. CreativeOne Wealth LLC acquired a new stake in Capital Group Growth ETF during the second quarter valued at $275,000. Choreo LLC grew its stake in Capital Group Growth ETF by 89.9% in the second quarter. Choreo LLC now owns 16,826 shares of the company’s stock valued at $684,000 after purchasing an additional 7,967 shares in the last quarter. Finally, Level Four Advisory Services LLC purchased a new position in Capital Group Growth ETF in the second quarter valued at about $346,000.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $39.02 on Monday. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83. The stock’s 50-day moving average is $42.92 and its two-hundred day moving average is $43.79. The firm has a market cap of $17.29 billion, a P/E ratio of 30.88 and a beta of 1.17.

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.