Westside Investment Management Inc. Boosts Stake in Capital Group Growth ETF $CGGR

Westside Investment Management Inc. boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 36.1% during the second quarter, Holdings Channel.com reports. The institutional investor owned 17,145 shares of the company’s stock after acquiring an additional 4,545 shares during the period. Westside Investment Management Inc.’s holdings in Capital Group Growth ETF were worth $697,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC boosted its stake in shares of Capital Group Growth ETF by 36.1% during the 1st quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock worth $782,094,000 after purchasing an additional 6,059,534 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Growth ETF by 29.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock worth $424,630,000 after purchasing an additional 2,346,788 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Growth ETF by 13.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 11,677,554 shares of the company’s stock worth $399,956,000 after purchasing an additional 1,415,798 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group Growth ETF by 14.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock worth $310,801,000 after purchasing an additional 1,166,451 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of Capital Group Growth ETF by 49.3% during the 1st quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock worth $113,975,000 after purchasing an additional 1,097,272 shares during the period.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $44.87 on Tuesday. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83. The firm has a market cap of $17.93 billion, a PE ratio of 30.88 and a beta of 1.17. The business’s fifty day moving average is $43.90 and its two-hundred day moving average is $40.83.

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.