Strategic Blueprint LLC Buys 24,314 Shares of Capital Group Growth ETF $CGGR

Strategic Blueprint LLC boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 454,697 shares of the company’s stock after acquiring an additional 24,314 shares during the period. Capital Group Growth ETF accounts for about 1.2% of Strategic Blueprint LLC’s holdings, making the stock its 14th biggest position. Strategic Blueprint LLC’s holdings in Capital Group Growth ETF were worth $20,220,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in CGGR. Raymond James Financial Inc. raised its position in Capital Group Growth ETF by 31.7% in the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock worth $489,487,000 after acquiring an additional 2,680,056 shares during the period. Envestnet Asset Management Inc. raised its position in Capital Group Growth ETF by 15.4% in the third quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after acquiring an additional 1,605,246 shares during the period. Jones Financial Companies Lllp raised its position in Capital Group Growth ETF by 30.7% in the third quarter. Jones Financial Companies Lllp now owns 5,999,008 shares of the company’s stock worth $261,802,000 after acquiring an additional 1,407,884 shares during the period. Bank of America Corp DE raised its position in Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after acquiring an additional 1,322,744 shares during the period. Finally, Merit Financial Group LLC raised its position in Capital Group Growth ETF by 474.3% in the third quarter. Merit Financial Group LLC now owns 1,510,100 shares of the company’s stock worth $66,324,000 after acquiring an additional 1,247,158 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $44.75 on Tuesday. The firm has a market cap of $22.05 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. The firm’s 50-day simple moving average is $42.34 and its two-hundred day simple moving average is $43.56. Capital Group Growth ETF has a 52 week low of $33.92 and a 52 week 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.