Western Wealth Management LLC Raises Position in Capital Group Growth ETF $CGGR

Western Wealth Management LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 137,052 shares of the company’s stock after buying an additional 1,831 shares during the period. Western Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $5,571,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Kingsview Wealth Management LLC increased its stake in Capital Group Growth ETF by 35.9% in the 1st quarter. Kingsview Wealth Management LLC now owns 19,057 shares of the company’s stock worth $653,000 after buying an additional 5,036 shares in the last quarter. Nwam LLC lifted its holdings in Capital Group Growth ETF by 18.6% in the 1st quarter. Nwam LLC now owns 20,350 shares of the company’s stock worth $697,000 after purchasing an additional 3,198 shares in the last quarter. Carnegie Lake Advisors LLC increased its stake in Capital Group Growth ETF by 10.7% in the 1st quarter. Carnegie Lake Advisors LLC now owns 12,881 shares of the company’s stock worth $441,000 after acquiring an additional 1,240 shares during the last quarter. PCG Wealth Advisors LLC bought a new stake in Capital Group Growth ETF in the 1st quarter worth approximately $252,000. Finally, Kestra Private Wealth Services LLC boosted its position in shares of Capital Group Growth ETF by 120.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 314,342 shares of the company’s stock valued at $10,766,000 after acquiring an additional 171,801 shares during the last quarter.

Capital Group Growth ETF Price Performance

CGGR stock opened at $43.11 on Friday. The company has a market capitalization of $17.27 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83. The firm’s 50-day moving average is $44.14 and its 200 day moving average is $41.42.

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.