Western Wealth Management LLC Grows Stake in Capital Group Growth ETF $CGGR

Western Wealth Management LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 163,344 shares of the company’s stock after purchasing an additional 15,582 shares during the quarter. Western Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $7,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. TrueWealth Financial Partners purchased a new position in shares of Capital Group Growth ETF in the 4th quarter valued at approximately $3,862,000. Atria Investments Inc lifted its stake in shares of Capital Group Growth ETF by 21.4% in the 4th quarter. Atria Investments Inc now owns 141,355 shares of the company’s stock valued at $6,286,000 after purchasing an additional 24,933 shares during the period. Strategic Family Wealth Counselors L.L.C. lifted its stake in shares of Capital Group Growth ETF by 0.5% in the 4th quarter. Strategic Family Wealth Counselors L.L.C. now owns 280,490 shares of the company’s stock valued at $12,302,000 after purchasing an additional 1,503 shares during the period. Bridgewealth Advisory Group LLC lifted its stake in shares of Capital Group Growth ETF by 6.9% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 211,113 shares of the company’s stock valued at $9,388,000 after purchasing an additional 13,695 shares during the period. Finally, Summit Wealth Group LLC Co. purchased a new position in shares of Capital Group Growth ETF in the 4th quarter valued at approximately $926,000.

Capital Group Growth ETF Stock Up 0.8%

CGGR opened at $46.33 on Thursday. The stock has a market cap of $23.03 billion, a PE ratio of 30.88 and a beta of 1.17. The business has a 50 day moving average of $42.82 and a 200-day moving average of $43.66. Capital Group Growth ETF has a 52 week low of $37.05 and a 52 week high of $46.49.

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.