Capital Group Growth ETF $CGGR Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,136,612 shares of the company’s stock after purchasing an additional 761,802 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Capital Group Growth ETF were worth $539,715,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. lifted its holdings in Capital Group Growth ETF by 806.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Capital Group Growth ETF during the third quarter worth $25,000. New Millennium Group LLC acquired a new stake in Capital Group Growth ETF during the third quarter worth $25,000. Triumph Capital Management acquired a new stake in Capital Group Growth ETF during the third quarter worth $29,000. Finally, Fifth Third Bancorp increased its stake in Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after acquiring an additional 506 shares during the last quarter.

Capital Group Growth ETF Stock Up 0.9%

CGGR stock opened at $47.55 on Friday. The business has a fifty day moving average of $43.65 and a two-hundred day moving average of $43.78. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52-week low of $37.64 and a 52-week high of $47.62.

Capital Group Growth ETF 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.