Nicholson Meyer Capital Management Inc. Has $6.51 Million Stake in Capital Group Growth ETF $CGGR

Nicholson Meyer Capital Management Inc. lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 49.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 162,116 shares of the company’s stock after acquiring an additional 53,961 shares during the period. Capital Group Growth ETF accounts for about 5.0% of Nicholson Meyer Capital Management Inc.’s investment portfolio, making the stock its 11th largest position. Nicholson Meyer Capital Management Inc.’s holdings in Capital Group Growth ETF were worth $6,515,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gemmer Asset Management LLC grew its holdings in Capital Group Growth ETF by 0.5% during the fourth quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock valued at $2,204,000 after purchasing an additional 248 shares during the last quarter. Vermillion & White Wealth Management Group LLC lifted its stake in shares of Capital Group Growth ETF by 7.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 4,417 shares of the company’s stock worth $196,000 after buying an additional 321 shares during the last quarter. Keystone Financial Services LLC boosted its holdings in shares of Capital Group Growth ETF by 2.1% during the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock worth $737,000 after buying an additional 336 shares during the period. First Trust Advisors LP boosted its holdings in shares of Capital Group Growth ETF by 6.7% during the 3rd quarter. First Trust Advisors LP now owns 5,527 shares of the company’s stock worth $243,000 after buying an additional 349 shares during the period. Finally, Hilltop Holdings Inc. grew its stake in Capital Group Growth ETF by 6.2% in the 4th quarter. Hilltop Holdings Inc. now owns 5,956 shares of the company’s stock valued at $265,000 after buying an additional 350 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.1%

NYSEARCA:CGGR opened at $45.78 on Friday. The firm has a market capitalization of $22.76 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $38.55 and a 1 year high of $48.02. The firm’s fifty day simple moving average is $45.87 and its 200 day simple moving average is $44.20.

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.