83,343 Shares in Capital Group Growth ETF (NYSEARCA:CGGR) Purchased by M.E. Allison & CO. Inc.

M.E. Allison & CO. Inc. purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 83,343 shares of the company’s stock, valued at approximately $3,098,000. Capital Group Growth ETF makes up 3.4% of M.E. Allison & CO. Inc.’s portfolio, making the stock its 3rd largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. McNamara Financial Services Inc. grew its position in Capital Group Growth ETF by 44.5% in the third quarter. McNamara Financial Services Inc. now owns 10,414 shares of the company’s stock worth $362,000 after acquiring an additional 3,209 shares in the last quarter. JPMorgan Chase & Co. grew its position in Capital Group Growth ETF by 17.9% in the third quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after acquiring an additional 73,399 shares in the last quarter. Creative Planning grew its position in Capital Group Growth ETF by 12.9% in the third quarter. Creative Planning now owns 24,676 shares of the company’s stock worth $858,000 after acquiring an additional 2,818 shares in the last quarter. Stephens Inc. AR purchased a new position in Capital Group Growth ETF in the third quarter worth about $655,000. Finally, Natixis Advisors LLC boosted its position in shares of Capital Group Growth ETF by 33.8% during the third quarter. Natixis Advisors LLC now owns 51,900 shares of the company’s stock valued at $1,806,000 after buying an additional 13,112 shares during the period.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $38.50 on Monday. Capital Group Growth ETF has a 1 year low of $28.00 and a 1 year high of $39.36. The business has a 50 day simple moving average of $37.84 and a two-hundred day simple moving average of $35.25. The firm has a market capitalization of $6.55 billion, a PE ratio of 28.99 and a beta of 1.22.

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.