Jefferies Financial Group Inc. Acquires Shares of 15,219 Capital Group Growth ETF $CGGR

Jefferies Financial Group Inc. acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 15,219 shares of the company’s stock, valued at approximately $677,000.

A number of other hedge funds and other institutional investors 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% during the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after purchasing an additional 2,680,056 shares during the period. Envestnet Asset Management Inc. grew its stake 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 purchasing an additional 1,605,246 shares in the last quarter. Jones Financial Companies Lllp grew its stake 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 purchasing an additional 1,407,884 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Capital Group Growth ETF by 11.5% in 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 acquiring an additional 1,322,744 shares during the period. Finally, Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group Growth ETF by 5.3% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock valued at $1,029,503,000 after acquiring an additional 1,178,520 shares during the period.

Capital Group Growth ETF Trading Up 0.4%

Shares of NYSEARCA:CGGR opened at $47.73 on Friday. Capital Group Growth ETF has a 12-month low of $37.64 and a 12-month high of $47.85. The business’s fifty day simple moving average is $43.77 and its 200-day simple moving average is $43.81. The company has a market capitalization of $23.73 billion, a PE ratio of 30.88 and a beta of 1.17.

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.