Western Wealth Management LLC boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR – Free Report) by 127.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 30,420 shares of the company’s stock after acquiring an additional 17,066 shares during the quarter. Western Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $1,001,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwest Capital Management Inc acquired a new stake in Capital Group Growth ETF during the 4th quarter worth about $32,000. Tennessee Valley Asset Management Partners purchased a new position in shares of Capital Group Growth ETF during the 4th quarter valued at about $33,000. Transcendent Capital Group LLC purchased a new position in shares of Capital Group Growth ETF during the 4th quarter valued at about $33,000. GAMMA Investing LLC purchased a new position in shares of Capital Group Growth ETF during the 2nd quarter valued at about $38,000. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in shares of Capital Group Growth ETF by 146.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,282 shares of the company’s stock valued at $41,000 after buying an additional 762 shares during the last quarter.
Capital Group Growth ETF Trading Up 0.5 %
Shares of NYSEARCA CGGR traded up $0.17 during trading on Monday, reaching $33.48. 126,619 shares of the company traded hands, compared to its average volume of 1,203,438. The firm’s fifty day simple moving average is $32.78 and its 200 day simple moving average is $31.77. The stock has a market cap of $5.70 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 12-month low of $23.34 and a 12-month high of $34.10.
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.
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