Seamount Financial Group Inc. Purchases 13,237 Shares of Capital Group Growth ETF $CGGR

Seamount Financial Group Inc. boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 33.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,230 shares of the company’s stock after acquiring an additional 13,237 shares during the quarter. Capital Group Growth ETF accounts for 1.1% of Seamount Financial Group Inc.’s portfolio, making the stock its 28th biggest holding. Seamount Financial Group Inc.’s holdings in Capital Group Growth ETF were worth $2,164,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in Capital Group Growth ETF in the first quarter worth about $30,000. Rossby Financial LCC bought a new position in shares of Capital Group Growth ETF in the 1st quarter worth approximately $31,000. CX Institutional purchased a new position in shares of Capital Group Growth ETF in the first quarter worth approximately $48,000. Trust Co. of Vermont purchased a new position in shares of Capital Group Growth ETF in the second quarter worth approximately $51,000. Finally, Chilton Capital Management LLC bought a new stake in Capital Group Growth ETF during the first quarter valued at approximately $53,000.

Capital Group Growth ETF Trading Up 0.7%

Shares of CGGR stock opened at $44.55 on Tuesday. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $44.71. The stock has a market cap of $16.93 billion, a P/E ratio of 30.88 and a beta of 1.09. The company has a 50 day simple moving average of $42.84 and a two-hundred day simple moving average of $39.23.

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.