Brown Miller Wealth Management LLC Purchases 1,124 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Brown Miller Wealth Management LLC boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,990 shares of the company’s stock after buying an additional 1,124 shares during the period. Brown Miller Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $508,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CGGR. Commonwealth Equity Services LLC lifted its holdings in shares of Capital Group Growth ETF by 124.6% during the third quarter. Commonwealth Equity Services LLC now owns 6,438,739 shares of the company’s stock valued at $157,749,000 after acquiring an additional 3,571,987 shares during the period. Financial Security Advisor Inc. acquired a new position in Capital Group Growth ETF in the third quarter valued at about $48,178,000. MML Investors Services LLC increased its holdings in shares of Capital Group Growth ETF by 132.9% during the second quarter. MML Investors Services LLC now owns 1,981,697 shares of the company’s stock worth $49,998,000 after buying an additional 1,130,849 shares in the last quarter. Capital International Investors bought a new position in shares of Capital Group Growth ETF in the first quarter valued at approximately $25,035,000. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Capital Group Growth ETF by 85.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,457,413 shares of the company’s stock worth $35,707,000 after acquiring an additional 669,654 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.5 %

CGGR stock traded down $0.17 during midday trading on Thursday, reaching $31.99. 1,009,731 shares of the company’s stock traded hands, compared to its average volume of 1,226,920. The company has a 50-day simple moving average of $30.57 and a two-hundred day simple moving average of $27.63. Capital Group Growth ETF has a 1-year low of $21.75 and a 1-year high of $32.34. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 18.26 and a beta of 1.09.

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.