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This article first appeared on GuruFocus.
Capital Group Growth ETF (CGGR) reported ETF activity on Monday that was overwhelmingly one-sided: the $25.99 billion fund bought $230.0 million of stock, added to 84 positions and trimmed just 3, for net buying of $184.5 million. Amazon led the additions at $18.3 million.
See which funds are buying and selling on GuruFocus ETF Trends, or find and compare funds with the ETF Screener.
What did CGGR buy on Monday?
Its largest buys by dollar value were AMZN ($18.3 million), VRTX ($16.5 million) and NKE ($15.3 million).
What did CGGR sell on Monday?
Its largest sells by dollar value were MU ($12.7 million), NVDA ($8.8 million) and AMAT ($1.3 million).
The largest buy was $18.3 million of Amazon (AMZN), lifting that position to 2.68% of assets, followed by $16.5 million of Vertex Pharmaceuticals (VRTX) and $15.3 million of Nike (NKE). Eli Lilly (LLY) drew $14.6 million and Intuitive Surgical (ISRG) $11.1 million. No new positions were opened and none were fully exited. On the sell side, Micron Technology (MU) was cut by $12.7 million and Nvidia (NVDA) by $8.8 million, with Applied Materials (AMAT) down $1.3 million.
How does CGGR invest?
Capital Group Growth ETF is an Equity US fund in the Equity asset class, holding 95 stocks with 41.3% of assets in its 10 largest holdings. Technology accounts for 38.3% of classified stocks, Communication Services 15.7% and Healthcare 12.8%, and the mix is almost entirely large-cap at 99.5%, with 0.4% mid-cap and 0.1% small-cap. It charges 0.39% and its top holdings are Meta Platforms at 6.7%, Microsoft at 5.0%, Nvidia at 4.76%, Broadcom at 4.35% and Tesla at 4.35%. The fund has a GF Score of 89, a P/E of 28.21, a P/B of 6.54, a dividend yield of 0.15% and a year-to-date return of 5.86%.
Capital Group Growth ETF (CGGR) at a glance
