Platt Wealth Management LLC Purchases New Position in Capital Group Growth ETF $CGGR

Platt Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,871 shares of the company’s stock, valued at approximately $972,000. Capital Group Growth ETF makes up about 1.0% of Platt Wealth Management LLC’s portfolio, making the stock its 19th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. increased its position in shares of Capital Group Growth ETF by 806.5% during the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $25,000. New Millennium Group LLC bought a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $29,000. Finally, Fifth Third Bancorp increased its position in shares of Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after acquiring an additional 506 shares in the last quarter.

Capital Group Growth ETF Trading Down 0.0%

NYSEARCA:CGGR opened at $46.06 on Friday. Capital Group Growth ETF has a 12 month low of $37.05 and a 12 month high of $46.79. The company has a market cap of $22.90 billion, a PE ratio of 30.88 and a beta of 1.17. The company has a 50 day simple moving average of $43.25 and a two-hundred day simple moving average of $43.70.

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.