Seamount Financial Group Inc. Has $1.13 Million Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Seamount Financial Group Inc. increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 30.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,320 shares of the company’s stock after acquiring an additional 7,146 shares during the period. Seamount Financial Group Inc.’s holdings in Capital Group Growth ETF were worth $1,127,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Capital Management Associates Inc grew its stake in Capital Group Growth ETF by 10.5% in the fourth quarter. Capital Management Associates Inc now owns 22,423 shares of the company’s stock valued at $833,000 after purchasing an additional 2,139 shares in the last quarter. Barrett & Company Inc. raised its position in shares of Capital Group Growth ETF by 10.1% in the fourth quarter. Barrett & Company Inc. now owns 56,503 shares of the company’s stock valued at $2,100,000 after purchasing an additional 5,204 shares during the period. Centerline Wealth Advisors LLC bought a new position in Capital Group Growth ETF in the 4th quarter worth $10,899,000. Archer Investment Corp lifted its position in shares of Capital Group Growth ETF by 430.1% during the 4th quarter. Archer Investment Corp now owns 1,320 shares of the company’s stock worth $49,000 after purchasing an additional 1,071 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in Capital Group Growth ETF during the 4th quarter valued at approximately $2,202,000.

Capital Group Growth ETF Stock Down 0.7 %

CGGR opened at $39.32 on Friday. Capital Group Growth ETF has a 12-month low of $29.51 and a 12-month high of $39.95. The firm has a market capitalization of $6.69 billion, a P/E ratio of 28.99 and a beta of 1.22. The stock’s 50 day moving average price is $38.42 and its two-hundred day moving average price is $35.82.

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.