Nicholson Meyer Capital Management Inc. raised its position in Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 49.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,116 shares of the company’s stock after purchasing an additional 53,961 shares during the quarter. Capital Group Growth ETF makes up approximately 5.0% of Nicholson Meyer Capital Management Inc.’s holdings, making the stock its 11th biggest position. Nicholson Meyer Capital Management Inc.’s holdings in Capital Group Growth ETF were worth $6,515,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its stake in shares of Capital Group Growth ETF by 174.1% in the 1st 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 acquired a new position in Capital Group Growth ETF in the second quarter worth approximately $211,000. Cerity Partners LLC raised its position in Capital Group Growth ETF by 176.7% during the second quarter. Cerity Partners LLC now owns 66,761 shares of the company’s stock valued at $2,715,000 after acquiring an additional 42,631 shares in the last quarter. Sei Investments Co. raised its position in Capital Group Growth ETF by 19.5% during the second quarter. Sei Investments Co. now owns 1,163,011 shares of the company’s stock valued at $47,277,000 after acquiring an additional 189,933 shares in the last quarter. Finally, Diversify Wealth Management LLC acquired a new stake in Capital Group Growth ETF in the second quarter valued at approximately $320,000.
Capital Group Growth ETF Stock Down 0.1%
CGGR stock opened at $45.78 on Friday. The company has a market capitalization of $22.76 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.02. The firm has a 50 day moving average of $45.87 and a two-hundred day moving average of $44.20.
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.
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