Capital Group Growth ETF (NYSEARCA:CGGR) Shares Acquired by Midwest Heritage Bank FSB

Midwest Heritage Bank FSB grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 20.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 196,053 shares of the company’s stock after acquiring an additional 33,894 shares during the period. Capital Group Growth ETF accounts for about 3.4% of Midwest Heritage Bank FSB’s investment portfolio, making the stock its 9th biggest position. Midwest Heritage Bank FSB’s holdings in Capital Group Growth ETF were worth $7,287,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in Capital Group Growth ETF in the fourth quarter valued at approximately $257,888,000. LPL Financial LLC grew its stake in shares of Capital Group Growth ETF by 24.6% in the third quarter. LPL Financial LLC now owns 12,438,170 shares of the company’s stock valued at $432,724,000 after buying an additional 2,456,913 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Capital Group Growth ETF by 49.7% in the 4th quarter. Jones Financial Companies Lllp now owns 2,225,640 shares of the company’s stock valued at $82,727,000 after buying an additional 739,257 shares during the period. Signature Estate & Investment Advisors LLC lifted its stake in Capital Group Growth ETF by 24.7% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,957,191 shares of the company’s stock worth $102,881,000 after acquiring an additional 586,545 shares in the last quarter. Finally, Alpha Financial Advisors LLC purchased a new position in Capital Group Growth ETF during the 4th quarter valued at about $20,431,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $36.70 on Thursday. The firm has a market capitalization of $10.36 billion, a PE ratio of 29.74 and a beta of 1.16. Capital Group Growth ETF has a 1 year low of $29.70 and a 1 year high of $39.96. The firm’s 50-day moving average is $38.43 and its two-hundred day moving average is $36.62.

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.