Northwestern Mutual Wealth Management Co. Acquires 194,550 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Northwestern Mutual Wealth Management Co. boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,771,174 shares of the company’s stock after purchasing an additional 194,550 shares during the period. Northwestern Mutual Wealth Management Co. owned about 3.39% of Capital Group Growth ETF worth $189,814,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. WealthCare Investment Partners LLC boosted its stake in shares of Capital Group Growth ETF by 1.2% in the 2nd quarter. WealthCare Investment Partners LLC now owns 30,415 shares of the company’s stock valued at $1,000,000 after purchasing an additional 372 shares during the last quarter. Carolinas Wealth Consulting LLC grew its holdings in Capital Group Growth ETF by 1.0% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 44,377 shares of the company’s stock worth $1,255,000 after acquiring an additional 438 shares during the period. Pinnacle Bancorp Inc. raised its position in shares of Capital Group Growth ETF by 33.3% in the 1st quarter. Pinnacle Bancorp Inc. now owns 2,000 shares of the company’s stock worth $64,000 after acquiring an additional 500 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Capital Group Growth ETF by 4.5% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 11,731 shares of the company’s stock valued at $386,000 after purchasing an additional 500 shares during the period. Finally, ST Germain D J Co. Inc. boosted its position in shares of Capital Group Growth ETF by 0.7% during the 1st quarter. ST Germain D J Co. Inc. now owns 75,746 shares of the company’s stock valued at $2,423,000 after purchasing an additional 548 shares in the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $34.68 on Friday. Capital Group Growth ETF has a one year low of $23.34 and a one year high of $35.04. The business has a 50 day simple moving average of $33.01 and a 200 day simple moving average of $32.38. The stock has a market capitalization of $5.90 billion, a P/E ratio of 28.99 and a beta of 1.22.

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.