Midwest Heritage Bank FSB Purchases 60,027 Shares of Capital Group Growth ETF $CGGR

Midwest Heritage Bank FSB increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 21.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 335,735 shares of the company’s stock after acquiring an additional 60,027 shares during the period. Capital Group Growth ETF comprises 4.3% of Midwest Heritage Bank FSB’s investment portfolio, making the stock its 9th biggest position. Midwest Heritage Bank FSB owned approximately 0.07% of Capital Group Growth ETF worth $13,493,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in Capital Group Growth ETF by 174.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after purchasing an additional 203,151 shares during the period. First Trust Advisors LP acquired a new position in shares of Capital Group Growth ETF during the second quarter worth about $211,000. Cerity Partners LLC grew its position in shares of Capital Group Growth ETF by 176.7% during the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock worth $2,715,000 after buying an additional 42,631 shares in the last quarter. Sei Investments Co. grew its position in shares of Capital Group Growth ETF by 19.5% during the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock worth $47,277,000 after buying an additional 189,933 shares in the last quarter. Finally, Diversify Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF during the second quarter worth approximately $320,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $46.96 on Friday. The firm has a market capitalization of $23.34 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm’s fifty day simple moving average is $45.57 and its 200-day simple moving average is $44.14. Capital Group Growth ETF has a twelve month low of $38.49 and a twelve month 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.