Meridian Wealth Management LLC boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 0.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 72,699 shares of the company’s stock after buying an additional 332 shares during the quarter. Meridian Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $2,702,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the stock. Cassady Schiller Wealth Management LLC bought a new stake in shares of Capital Group Growth ETF in the 3rd quarter worth $25,000. Oakworth Capital Inc. purchased a new position in Capital Group Growth ETF during the fourth quarter worth about $33,000. Whipplewood Advisors LLC bought a new stake in Capital Group Growth ETF in the 4th quarter worth about $33,000. Archer Investment Corp increased its stake in Capital Group Growth ETF by 430.1% in the 4th quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock valued at $49,000 after buying an additional 1,071 shares during the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $70,000.
Capital Group Growth ETF Stock Down 2.2 %
Shares of NYSEARCA CGGR opened at $36.45 on Tuesday. The company has a market capitalization of $10.29 billion, a PE ratio of 29.74 and a beta of 1.16. The stock’s 50 day moving average price is $38.49 and its 200-day moving average price is $36.60. Capital Group Growth ETF has a twelve month low of $29.70 and a twelve month high of $39.96.
Capital Group Growth ETF 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.
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Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGR – Free Report).
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