Sherman Wealth Management LLC Makes New Investment in Capital Group Growth ETF $CGGR

Sherman Wealth Management LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 13,034 shares of the company’s stock, valued at approximately $618,000.

Other large investors also recently modified their holdings of the company. KOM Wealth Management Group LLC raised its holdings in Capital Group Growth ETF by 4.7% during the third quarter. KOM Wealth Management Group LLC now owns 26,928 shares of the company’s stock valued at $1,277,000 after acquiring an additional 1,211 shares during the period. Centerline Wealth Advisors LLC lifted its position in shares of Capital Group Growth ETF by 1.9% in the third quarter. Centerline Wealth Advisors LLC now owns 38,842 shares of the company’s stock valued at $1,842,000 after acquiring an additional 728 shares in the last quarter. Saxony Capital Management LLC boosted its stake in shares of Capital Group Growth ETF by 5.0% in the third quarter. Saxony Capital Management LLC now owns 58,321 shares of the company’s stock worth $2,766,000 after acquiring an additional 2,753 shares during the period. Weil Company Inc. boosted its stake in shares of Capital Group Growth ETF by 8.0% in the third quarter. Weil Company Inc. now owns 50,265 shares of the company’s stock worth $2,384,000 after acquiring an additional 3,730 shares during the period. Finally, Tempus Wealth Planning LLC boosted its stake in shares of Capital Group Growth ETF by 1.0% in the third quarter. Tempus Wealth Planning LLC now owns 36,847 shares of the company’s stock worth $1,748,000 after acquiring an additional 359 shares during the period.

Capital Group Growth ETF Trading Up 0.7%

NYSEARCA:CGGR opened at $47.68 on Friday. Capital Group Growth ETF has a 12-month low of $38.55 and a 12-month high of $48.69. The stock has a 50-day moving average price of $47.26 and a 200 day moving average price of $45.97. The stock has a market capitalization of $26.31 billion, a P/E ratio of 30.88 and a beta of 1.18.

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.