Bellevue Asset Management LLC Decreases Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Bellevue Asset Management LLC lessened its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 0.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 228,716 shares of the company’s stock after selling 497 shares during the quarter. Capital Group Growth ETF makes up 4.4% of Bellevue Asset Management LLC’s portfolio, making the stock its 4th largest position. Bellevue Asset Management LLC’s holdings in Capital Group Growth ETF were worth $8,501,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CGGR. Midwest Heritage Bank FSB grew its holdings in Capital Group Growth ETF by 20.9% in the fourth quarter. Midwest Heritage Bank FSB now owns 196,053 shares of the company’s stock worth $7,287,000 after purchasing an additional 33,894 shares during the last quarter. Townsend Asset Management Corp NC ADV raised its position in shares of Capital Group Growth ETF by 0.8% in the fourth quarter. Townsend Asset Management Corp NC ADV now owns 130,497 shares of the company’s stock worth $4,851,000 after acquiring an additional 1,004 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Capital Group Growth ETF in the fourth quarter worth about $257,888,000. Cullen Frost Bankers Inc. raised its position in shares of Capital Group Growth ETF by 30.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 41,749 shares of the company’s stock worth $1,552,000 after acquiring an additional 9,684 shares during the period. Finally, Assetmark Inc. raised its position in shares of Capital Group Growth ETF by 3.8% in the fourth quarter. Assetmark Inc. now owns 140,584 shares of the company’s stock worth $5,226,000 after acquiring an additional 5,208 shares during the period.

Capital Group Growth ETF Stock Up 1.9 %

CGGR opened at $36.70 on Thursday. Capital Group Growth ETF has a twelve month low of $29.70 and a twelve month high of $39.96. The company has a 50-day moving average price of $38.43 and a 200 day moving average price of $36.62. The company has a market cap of $10.36 billion, a PE ratio of 29.74 and a beta of 1.16.

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.