IMG Wealth Management Inc. Buys Shares of 100,855 Capital Group Growth ETF (NYSEARCA:CGGR)

IMG Wealth Management Inc. purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 100,855 shares of the company’s stock, valued at approximately $3,749,000. Capital Group Growth ETF makes up about 3.5% of IMG Wealth Management Inc.’s investment portfolio, making the stock its 10th biggest holding. IMG Wealth Management Inc. owned 0.06% of Capital Group Growth ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CGGR. Northwest Financial Advisors grew its stake in shares of Capital Group Growth ETF by 1.9% during the 4th quarter. Northwest Financial Advisors now owns 14,892 shares of the company’s stock worth $554,000 after acquiring an additional 280 shares in the last quarter. Professional Financial Advisors LLC boosted its holdings in Capital Group Growth ETF by 1.0% during the fourth quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock worth $1,166,000 after purchasing an additional 304 shares during the last quarter. Stephens Inc. AR grew its position in Capital Group Growth ETF by 1.6% in the fourth quarter. Stephens Inc. AR now owns 19,138 shares of the company’s stock valued at $711,000 after purchasing an additional 310 shares in the last quarter. Meridian Wealth Management LLC increased its stake in Capital Group Growth ETF by 0.5% in the 4th quarter. Meridian Wealth Management LLC now owns 72,699 shares of the company’s stock valued at $2,702,000 after buying an additional 332 shares during the last quarter. Finally, Signet Financial Management LLC lifted its position in Capital Group Growth ETF by 0.3% during the 4th quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after buying an additional 382 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $34.84 on Friday. Capital Group Growth ETF has a fifty-two week low of $29.70 and a fifty-two week high of $39.96. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 29.74 and a beta of 1.16. The business has a 50-day moving average of $37.99 and a 200-day moving average of $36.67.

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.