Capital Group Growth ETF $CGGR Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 1.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,930,813 shares of the company’s stock after buying an additional 20,242 shares during the period. Merit Financial Group LLC’s holdings in Capital Group Growth ETF were worth $91,134,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Oxinas Partners LLC increased its position in shares of Capital Group Growth ETF by 761.6% during the fourth quarter. Oxinas Partners LLC now owns 82,334 shares of the company’s stock worth $3,661,000 after acquiring an additional 72,778 shares during the last quarter. CWM LLC boosted its holdings in Capital Group Growth ETF by 3.1% in the fourth quarter. CWM LLC now owns 2,255,337 shares of the company’s stock valued at $100,295,000 after purchasing an additional 68,448 shares during the last quarter. Cornerstone Wealth Management LLC grew its stake in Capital Group Growth ETF by 69.9% during the 4th quarter. Cornerstone Wealth Management LLC now owns 62,020 shares of the company’s stock valued at $2,758,000 after purchasing an additional 25,522 shares in the last quarter. Assetmark Inc. grew its stake in Capital Group Growth ETF by 51.5% during the 4th quarter. Assetmark Inc. now owns 556,817 shares of the company’s stock valued at $24,762,000 after purchasing an additional 189,316 shares in the last quarter. Finally, PKS Advisory Services LLC increased its holdings in Capital Group Growth ETF by 30.3% during the 4th quarter. PKS Advisory Services LLC now owns 77,100 shares of the company’s stock worth $3,429,000 after purchasing an additional 17,943 shares during the last quarter.

Capital Group Growth ETF Stock Up 1.0%

Shares of CGGR opened at $47.49 on Friday. The business’s 50 day moving average is $46.10 and its two-hundred day moving average is $44.53. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The firm has a market cap of $25.55 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18.

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.