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

Merit Financial Group LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 1.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,930,813 shares of the company’s stock after buying an additional 20,242 shares during the quarter. Merit Financial Group LLC owned 0.36% of Capital Group Growth ETF worth $91,134,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Oxinas Partners LLC raised its position in Capital Group Growth ETF by 761.6% in the fourth quarter. Oxinas Partners LLC now owns 82,334 shares of the company’s stock valued at $3,661,000 after purchasing an additional 72,778 shares during the period. CWM LLC lifted its stake in shares of Capital Group Growth ETF by 3.1% during the fourth quarter. CWM LLC now owns 2,255,337 shares of the company’s stock worth $100,295,000 after purchasing an additional 68,448 shares in the last quarter. Cornerstone Wealth Management LLC boosted its position in shares of Capital Group Growth ETF by 69.9% in the fourth quarter. Cornerstone Wealth Management LLC now owns 62,020 shares of the company’s stock worth $2,758,000 after buying an additional 25,522 shares during the period. Assetmark Inc. boosted its position in shares of Capital Group Growth ETF by 51.5% in the fourth quarter. Assetmark Inc. now owns 556,817 shares of the company’s stock worth $24,762,000 after buying an additional 189,316 shares during the period. Finally, PKS Advisory Services LLC grew its stake in shares of Capital Group Growth ETF by 30.3% in the fourth quarter. PKS Advisory Services LLC now owns 77,100 shares of the company’s stock valued at $3,429,000 after buying an additional 17,943 shares in the last quarter.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $47.49 on Friday. The firm has a market cap of $25.55 billion, a P/E ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The stock has a 50-day simple moving average of $46.10 and a 200-day simple moving average of $44.53.

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.