Weil Company Inc. Acquires Shares of 139,321 Capital Group Growth ETF (NYSEARCA:CGGR)

Weil Company Inc. bought a new position in Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, Holdings Channel reports. The firm bought 139,321 shares of the company’s stock, valued at approximately $5,179,000. Capital Group Growth ETF makes up about 1.8% of Weil Company Inc.’s investment portfolio, making the stock its 16th largest position.

Several other hedge funds have also recently made changes to their positions in the company. Park Avenue Securities LLC increased its holdings in Capital Group Growth ETF by 15.1% in the 4th quarter. Park Avenue Securities LLC now owns 19,905 shares of the company’s stock worth $740,000 after acquiring an additional 2,610 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Capital Group Growth ETF by 17.9% during the third quarter. JPMorgan Chase & Co. now owns 484,569 shares of the company’s stock worth $16,858,000 after purchasing an additional 73,399 shares during the period. Merit Financial Group LLC increased its stake in shares of Capital Group Growth ETF by 11.2% in the fourth quarter. Merit Financial Group LLC now owns 118,717 shares of the company’s stock worth $4,413,000 after purchasing an additional 11,920 shares in the last quarter. 5T Wealth LLC bought a new stake in shares of Capital Group Growth ETF in the fourth quarter valued at approximately $5,472,000. Finally, Creative Planning lifted its stake in shares of Capital Group Growth ETF by 12.9% during the 3rd quarter. Creative Planning now owns 24,676 shares of the company’s stock valued at $858,000 after buying an additional 2,818 shares in the last quarter.

Capital Group Growth ETF Trading Down 1.4 %

CGGR opened at $37.27 on Wednesday. The company has a 50 day moving average of $38.54 and a 200 day moving average of $36.48. Capital Group Growth ETF has a 12 month low of $29.70 and a 12 month high of $39.96. The company has a market cap of $6.34 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.