Western Wealth Management LLC Buys 41,108 Shares of Capital Group Growth ETF $CGGR

Western Wealth Management LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 25.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 204,452 shares of the company’s stock after purchasing an additional 41,108 shares during the period. Western Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $8,217,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Valmark Advisers Inc. raised its stake in Capital Group Growth ETF by 51.2% in the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock valued at $38,830,000 after purchasing an additional 295,543 shares in the last quarter. Oxinas Partners LLC grew its stake in Capital Group Growth ETF by 761.6% in the 4th quarter. Oxinas Partners LLC now owns 82,334 shares of the company’s stock worth $3,661,000 after buying an additional 72,778 shares in the last quarter. Ergawealth Advisors Inc. increased its holdings in shares of Capital Group Growth ETF by 7.6% in the 4th quarter. Ergawealth Advisors Inc. now owns 718,735 shares of the company’s stock worth $31,962,000 after buying an additional 50,568 shares during the last quarter. Crux Wealth Advisors bought a new position in shares of Capital Group Growth ETF in the 4th quarter worth $1,897,000. Finally, CWM LLC raised its position in shares of Capital Group Growth ETF by 3.1% during the 4th quarter. CWM LLC now owns 2,255,337 shares of the company’s stock valued at $100,295,000 after buying an additional 68,448 shares in the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $44.56 on Friday. Capital Group Growth ETF has a 52-week low of $38.55 and a 52-week high of $48.02. The company has a market capitalization of $23.67 billion, a P/E ratio of 30.88 and a beta of 1.17. The company has a fifty day moving average of $46.20 and a 200-day moving average of $44.40.

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.