Stonebridge Financial Group LLC Grows Stake in Capital Group Growth ETF $CGGR

Stonebridge Financial Group LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 352,831 shares of the company’s stock after acquiring an additional 17,230 shares during the period. Capital Group Growth ETF comprises about 1.3% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 17th biggest holding. Stonebridge Financial Group LLC owned 0.08% of Capital Group Growth ETF worth $15,690,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. boosted its position in Capital Group Growth ETF by 806.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of Capital Group Growth ETF during the 3rd quarter valued at about $25,000. New Millennium Group LLC bought a new position in shares of Capital Group Growth ETF in the 3rd quarter worth approximately $25,000. Triumph Capital Management bought a new position in shares of Capital Group Growth ETF in the 3rd quarter worth approximately $29,000. Finally, Fifth Third Bancorp boosted its holdings in shares of Capital Group Growth ETF by 285.9% in the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after buying an additional 506 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA CGGR opened at $40.41 on Monday. The firm has a 50 day moving average of $42.47 and a 200 day moving average of $43.65. The firm has a market capitalization of $19.57 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $45.83.

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.