Seamount Financial Group Inc. Has $3.15 Million Stock Position in Capital Group Growth ETF $CGGR

Seamount Financial Group Inc. increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 22.1% during the first quarter, HoldingsChannel reports. The fund owned 78,317 shares of the company’s stock after acquiring an additional 14,151 shares during the quarter. Capital Group Growth ETF makes up about 1.4% of Seamount Financial Group Inc.’s portfolio, making the stock its 21st biggest holding. Seamount Financial Group Inc.’s holdings in Capital Group Growth ETF were worth $3,148,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in shares of Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock worth $2,019,429,000 after acquiring an additional 6,814,693 shares during the period. Morgan Stanley increased its position in shares of Capital Group Growth ETF by 94.6% during the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after purchasing an additional 13,065,920 shares during the period. Capital Group Private Client Services Inc. increased its position in shares of Capital Group Growth ETF by 2.5% during the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after purchasing an additional 585,780 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Capital Group Growth ETF by 3.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $46.53 on Friday. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02. The stock has a fifty day moving average price of $46.07 and a 200 day moving average price of $44.26. The stock has a market cap of $24.44 billion, a P/E 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.