Capital Group Growth ETF (NYSEARCA:CGGR) Shares Purchased by Merit Financial Group LLC

Merit Financial Group LLC lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,717 shares of the company’s stock after buying an additional 11,920 shares during the period. Merit Financial Group LLC’s holdings in Capital Group Growth ETF were worth $4,413,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. LPL Financial LLC increased its stake in Capital Group Growth ETF by 24.6% during the 3rd quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock worth $432,724,000 after buying an additional 2,456,913 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Capital Group Growth ETF by 4.0% during the third quarter. Commonwealth Equity Services LLC now owns 9,323,101 shares of the company’s stock worth $324,351,000 after acquiring an additional 359,838 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Growth ETF by 3.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,771,174 shares of the company’s stock worth $189,814,000 after acquiring an additional 194,550 shares in the last quarter. Raymond James & Associates boosted its holdings in Capital Group Growth ETF by 15.3% in the third quarter. Raymond James & Associates now owns 3,895,362 shares of the company’s stock valued at $135,520,000 after purchasing an additional 517,412 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in Capital Group Growth ETF by 23.1% during the 2nd quarter. Cetera Investment Advisers now owns 3,153,822 shares of the company’s stock valued at $103,729,000 after purchasing an additional 591,968 shares in the last quarter.

Capital Group Growth ETF Stock Up 1.3 %

CGGR stock opened at $38.50 on Friday. The stock’s 50 day moving average is $37.84 and its two-hundred day moving average is $35.24. Capital Group Growth ETF has a 52-week low of $28.00 and a 52-week high of $39.36. The company has a market capitalization of $6.55 billion, a PE ratio of 28.99 and a beta of 1.22.

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.