Bleakley Financial Group LLC Buys 13,132 Shares of Capital Group Growth ETF $CGGR

Bleakley Financial Group LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 8.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 162,468 shares of the company’s stock after buying an additional 13,132 shares during the quarter. Bleakley Financial Group LLC’s holdings in Capital Group Growth ETF were worth $6,530,000 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. Triumph Capital Management purchased a new stake in Capital Group Growth ETF during the third quarter valued at about $29,000. Mark Sheptoff Financial Planning LLC boosted its holdings in shares of Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares in the last quarter. Avion Wealth bought a new position in shares of Capital Group Growth ETF during the 4th quarter valued at about $68,000. Godfrey Financial Associates Inc. bought a new position in shares of Capital Group Growth ETF during the 4th quarter valued at about $78,000. Finally, WFA of San Diego LLC bought a new position in shares of Capital Group Growth ETF during the 2nd quarter valued at about $81,000.

Capital Group Growth ETF Trading Up 0.7%

Shares of NYSEARCA CGGR opened at $46.64 on Wednesday. The stock’s 50-day moving average is $46.41 and its 200 day moving average is $44.39. The stock has a market cap of $24.64 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1-year low of $38.55 and a 1-year high of $48.02.

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.