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

Western Wealth Management LLC boosted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 25.2% in the 1st quarter, Holdings Channel reports. The institutional investor 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 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 business. Mascagni Wealth Management Inc. lifted its holdings in shares of Capital Group Growth ETF by 1.8% in the 1st quarter. Mascagni Wealth Management Inc. now owns 17,647 shares of the company’s stock worth $709,000 after acquiring an additional 320 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Capital Group Growth ETF by 10.3% during the 1st quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock valued at $570,450,000 after purchasing an additional 1,320,686 shares during the last quarter. Cassady Wealth & Retirement Planning LLC grew its holdings in shares of Capital Group Growth ETF by 39.0% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 80,980 shares of the company’s stock valued at $3,615,000 after purchasing an additional 22,734 shares during the last quarter. Centaurus Financial Inc. raised its position in Capital Group Growth ETF by 1.2% in the 1st quarter. Centaurus Financial Inc. now owns 167,575 shares of the company’s stock worth $6,735,000 after purchasing an additional 1,978 shares during the period. Finally, Cim LLC raised its position in Capital Group Growth ETF by 6.9% in the 1st quarter. Cim LLC now owns 20,875 shares of the company’s stock worth $839,000 after purchasing an additional 1,339 shares during the period.

Capital Group Growth ETF Stock Up 1.8%

Capital Group Growth ETF stock opened at $44.56 on Friday. The company has a market capitalization of $23.67 billion, a PE ratio of 30.88 and a beta of 1.17. The firm has a fifty day simple moving average of $46.20 and a two-hundred day simple moving average of $44.40. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month high of $48.02.

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.