Richards Merrill & Peterson Inc. Purchases 14,965 Shares of Capital Group Growth ETF $CGGR

Richards Merrill & Peterson Inc. raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 21.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,742 shares of the company’s stock after buying an additional 14,965 shares during the period. Capital Group Growth ETF comprises approximately 1.2% of Richards Merrill & Peterson Inc.’s investment portfolio, making the stock its 17th biggest position. Richards Merrill & Peterson Inc.’s holdings in Capital Group Growth ETF were worth $3,406,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CGGR. Triumph Capital Management bought a new stake in shares of Capital Group Growth ETF during the third quarter worth $29,000. Fifth Third Bancorp boosted its stake in shares of Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after purchasing an additional 506 shares during the period. Mark Sheptoff Financial Planning LLC grew its holdings in shares of Capital Group Growth ETF by 88.7% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares during the last quarter. Provenance Wealth Advisors LLC bought a new position in shares of Capital Group Growth ETF in the third quarter worth about $60,000. Finally, Avion Wealth bought a new stake in Capital Group Growth ETF during the 4th quarter valued at about $68,000.

Capital Group Growth ETF Price Performance

Capital Group Growth ETF stock opened at $45.56 on Wednesday. The stock has a market cap of $22.65 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm has a 50-day moving average of $45.73 and a two-hundred day moving average of $44.17. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year 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.