JPMorgan Chase & Co. Has $57.52 Million Stock Holdings in Capital Group Growth ETF $CGGR

JPMorgan Chase & Co. lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 40.6% during the third quarter, HoldingsChannel reports. The firm owned 1,384,925 shares of the company’s stock after buying an additional 400,108 shares during the quarter. JPMorgan Chase & Co.’s holdings in Capital Group Growth ETF were worth $57,516,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CGGR. Capital Group Private Client Services Inc. lifted its holdings in Capital Group Growth ETF by 5.3% during the third quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock worth $1,029,503,000 after acquiring an additional 1,178,520 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Capital Group Growth ETF by 11.5% during the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Capital Group Growth ETF by 2.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock valued at $558,128,000 after purchasing an additional 271,970 shares during the period. Envestnet Asset Management Inc. increased its stake in Capital Group Growth ETF by 15.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after purchasing an additional 1,605,246 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Capital Group Growth ETF by 9.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 11,374,810 shares of the company’s stock worth $499,582,000 after purchasing an additional 967,117 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $41.35 on Friday. The firm has a market cap of $18.32 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83. The firm’s 50 day moving average price is $43.49 and its two-hundred day moving average price is $43.87.

Capital Group Growth ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a $0.0424 dividend. This represents a yield of 19.0%. The ex-dividend date of this dividend was Friday, December 26th.

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.