True Blue Financial LLC Has $4.07 Million Stock Position in Capital Group Growth ETF $CGGR

True Blue Financial LLC lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 16.5% in the first quarter, HoldingsChannel reports. The firm owned 101,191 shares of the company’s stock after purchasing an additional 14,356 shares during the period. Capital Group Growth ETF accounts for 3.2% of True Blue Financial LLC’s holdings, making the stock its 9th biggest position. True Blue Financial LLC’s holdings in Capital Group Growth ETF were worth $4,067,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGR. LPL Financial LLC grew its holdings in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after buying an additional 6,814,693 shares in the last quarter. Morgan Stanley raised its position in Capital Group Growth ETF by 94.6% during the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after acquiring an additional 13,065,920 shares in the last quarter. Capital Group Private Client Services Inc. raised its holdings in shares of Capital Group Growth ETF by 2.5% during the 4th quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after purchasing an additional 585,780 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Capital Group Growth ETF by 3.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after buying an additional 485,654 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of 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 buying an additional 1,322,744 shares during the last quarter.

Capital Group Growth ETF Stock Performance

CGGR opened at $47.07 on Thursday. The company has a market cap of $24.72 billion, a PE ratio of 30.88 and a beta of 1.17. The stock has a 50-day moving average of $46.02 and a 200-day moving average of $44.24. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02.

Capital Group Growth ETF Company 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.