Capital Group Growth ETF $CGGR Shares Purchased by Seamount Financial Group Inc.

Seamount Financial Group Inc. grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 22.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,317 shares of the company’s stock after purchasing an additional 14,151 shares during the quarter. Capital Group Growth ETF makes up 1.4% of Seamount Financial Group Inc.’s portfolio, making the stock its 21st largest holding. Seamount Financial Group Inc.’s holdings in Capital Group Growth ETF were worth $3,148,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in Capital Group Growth ETF by 174.1% during the first quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock valued at $10,954,000 after buying an additional 203,151 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of Capital Group Growth ETF during the second quarter valued at $211,000. Cerity Partners LLC increased its holdings in shares of Capital Group Growth ETF by 176.7% in the 2nd quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after purchasing an additional 42,631 shares during the period. Sei Investments Co. increased its stake in Capital Group Growth ETF by 19.5% in the 2nd quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock valued at $47,277,000 after buying an additional 189,933 shares during the period. Finally, Diversify Wealth Management LLC acquired a new position in shares of Capital Group Growth ETF in the second quarter worth $320,000.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $46.53 on Friday. The company has a market capitalization of $24.44 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock’s 50 day moving average price is $46.07 and its 200 day moving average price is $44.26. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.02.

About Capital Group Growth ETF

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.