Jones Financial Companies Lllp Sells 1,367,108 Shares of Capital Group Growth ETF $CGGR

by · The Markets Daily

Jones Financial Companies Lllp trimmed its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 61.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 858,532 shares of the company’s stock after selling 1,367,108 shares during the period. Jones Financial Companies Lllp owned approximately 0.27% of Capital Group Growth ETF worth $29,263,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Golden State Wealth Management LLC bought a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $30,000. Rossby Financial LCC bought a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $31,000. Capital A Wealth Management LLC bought a new stake in shares of Capital Group Growth ETF during the 4th quarter worth approximately $34,000. CX Institutional bought a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $48,000. Finally, Chilton Capital Management LLC bought a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $53,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $42.88 on Monday. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $43.21. The firm has a market capitalization of $14.86 billion, a P/E ratio of 30.88 and a beta of 1.09. The stock has a 50 day moving average price of $41.60 and a 200 day moving average price of $38.03.

Capital Group Growth ETF Company Profile

(Free Report)

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.

Further Reading