Wedbush Securities Inc. Buys 1,551 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Wedbush Securities Inc. increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,235 shares of the company’s stock after acquiring an additional 1,551 shares during the quarter. Wedbush Securities Inc.’s holdings in Capital Group Growth ETF were worth $1,049,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CGGR. Park Avenue Securities LLC grew its holdings in shares of Capital Group Growth ETF by 15.1% in the 4th quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock valued at $740,000 after buying an additional 2,610 shares during the period. JPMorgan Chase & Co. grew its stake in Capital Group Growth ETF by 17.9% in the third quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock valued at $16,858,000 after acquiring an additional 73,399 shares during the period. Merit Financial Group LLC grew its stake in Capital Group Growth ETF by 11.2% in the fourth quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock valued at $4,413,000 after acquiring an additional 11,920 shares during the period. Ashton Thomas Securities LLC increased its holdings in shares of Capital Group Growth ETF by 570.8% in the fourth quarter. Ashton Thomas Securities LLC now owns 18,354 shares of the company’s stock worth $682,000 after acquiring an additional 15,618 shares in the last quarter. Finally, 5T Wealth LLC acquired a new stake in shares of Capital Group Growth ETF during the fourth quarter worth about $5,472,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $30.85 on Monday. The stock has a 50 day simple moving average of $36.91 and a 200 day simple moving average of $36.87. Capital Group Growth ETF has a 52-week low of $29.70 and a 52-week high of $39.96. The firm has a market capitalization of $8.95 billion, a PE ratio of 27.00 and a beta of 1.17.

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.