Brown Miller Wealth Management LLC Raises Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Brown Miller Wealth Management LLC grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 6.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,990 shares of the company’s stock after buying an additional 1,124 shares during the quarter. Brown Miller Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $508,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Morgan Stanley purchased a new stake in Capital Group Growth ETF in the 4th quarter worth $32,000. Money Concepts Capital Corp acquired a new position in shares of Capital Group Growth ETF during the 4th quarter worth about $34,000. First Horizon Advisors Inc. purchased a new position in Capital Group Growth ETF in the 3rd quarter valued at about $46,000. GPS Wealth Strategies Group LLC boosted its holdings in Capital Group Growth ETF by 79.3% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 4,259 shares of the company’s stock worth $104,000 after buying an additional 1,884 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Capital Group Growth ETF by 125.8% during the 3rd quarter. Geneos Wealth Management Inc. now owns 4,306 shares of the company’s stock worth $105,000 after buying an additional 2,399 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.5 %

Shares of NYSEARCA CGGR traded down $0.17 during midday trading on Thursday, hitting $31.99. The stock had a trading volume of 1,009,731 shares, compared to its average volume of 1,226,920. The stock has a 50 day simple moving average of $30.57 and a 200-day simple moving average of $27.63. The company has a market capitalization of $3.13 billion, a PE ratio of 18.26 and a beta of 1.09. Capital Group Growth ETF has a 1 year low of $21.75 and a 1 year high of $32.34.

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.