Capital Group Growth ETF $CGGR Position Boosted by JSF Financial LLC

JSF Financial LLC lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,486,734 shares of the company’s stock after buying an additional 47,555 shares during the period. Capital Group Growth ETF makes up 10.8% of JSF Financial LLC’s holdings, making the stock its 2nd largest position. JSF Financial LLC’s holdings in Capital Group Growth ETF were worth $70,516,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Parkside Financial Bank & Trust acquired a new stake in shares of Capital Group Growth ETF in the second quarter valued at $33,000. Trust Co. of Vermont bought a new position in Capital Group Growth ETF during the second quarter valued at about $60,000. Beacon Financial Strategies CORP acquired a new position in Capital Group Growth ETF during the second quarter worth about $80,000. Lavaca Capital LLC acquired a new position in Capital Group Growth ETF during the first quarter worth about $88,000. Finally, CX Institutional grew its holdings in Capital Group Growth ETF by 475.0% during the second quarter. CX Institutional now owns 4,031 shares of the company’s stock worth $190,000 after acquiring an additional 3,330 shares during the period.

Capital Group Growth ETF Trading Down 2.4%

Shares of Capital Group Growth ETF stock opened at $46.17 on Friday. The company’s 50-day moving average price is $47.23 and its two-hundred day moving average price is $46.21. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.69. The stock has a market cap of $25.52 billion, a PE ratio of 30.88 and a beta of 1.18.

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.