Michael Brady & Co. LLC Takes $16.43 Million Position in Capital Group Growth ETF $CGGR

Michael Brady & Co. LLC purchased a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 369,494 shares of the company’s stock, valued at approximately $16,431,000. Capital Group Growth ETF makes up approximately 16.4% of Michael Brady & Co. LLC’s portfolio, making the stock its largest position.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Keystone Financial Services LLC grew its holdings in shares of Capital Group Growth ETF by 2.1% during the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock valued at $737,000 after acquiring an additional 336 shares in the last quarter. Richards Merrill & Peterson Inc. grew its holdings in shares of Capital Group Growth ETF by 48.8% during the 4th quarter. Richards Merrill & Peterson Inc. now owns 69,777 shares of the company’s stock valued at $3,103,000 after acquiring an additional 22,884 shares in the last quarter. Semus Wealth Partners LLC purchased a new position in shares of Capital Group Growth ETF during the 4th quarter valued at $373,000. Aspiring Ventures LLC purchased a new position in shares of Capital Group Growth ETF during the 4th quarter valued at $315,000. Finally, 5T Wealth LLC grew its holdings in shares of Capital Group Growth ETF by 7.4% during the 4th quarter. 5T Wealth LLC now owns 160,928 shares of the company’s stock valued at $7,154,000 after acquiring an additional 11,060 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.5%

Capital Group Growth ETF stock opened at $44.54 on Tuesday. The company’s fifty day simple moving average is $42.18 and its 200-day simple moving average is $43.55. Capital Group Growth ETF has a 12 month low of $31.33 and a 12 month high of $45.83. The stock has a market cap of $21.95 billion, a P/E ratio of 30.88 and a beta of 1.18.

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.