Westside Investment Management Inc. Increases Holdings in Capital Group Growth ETF $CGGR

Westside Investment Management Inc. lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 36.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,145 shares of the company’s stock after acquiring an additional 4,545 shares during the quarter. Westside Investment Management Inc.’s holdings in Capital Group Growth ETF were worth $697,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CGGR. Golden State Wealth Management LLC purchased a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $30,000. OneDigital Investment Advisors LLC boosted its stake in shares of Capital Group Growth ETF by 0.7% during the 1st quarter. OneDigital Investment Advisors LLC now owns 45,344 shares of the company’s stock worth $1,553,000 after acquiring an additional 314 shares in the last quarter. Capital Investment Advisory Services LLC boosted its stake in shares of Capital Group Growth ETF by 48.6% during the 1st quarter. Capital Investment Advisory Services LLC now owns 9,972 shares of the company’s stock worth $342,000 after acquiring an additional 3,263 shares in the last quarter. World Investment Advisors boosted its stake in shares of Capital Group Growth ETF by 28.5% during the 1st quarter. World Investment Advisors now owns 93,946 shares of the company’s stock worth $3,218,000 after acquiring an additional 20,818 shares in the last quarter. Finally, Chilton Capital Management LLC purchased a new stake in shares of Capital Group Growth ETF during the 1st quarter worth approximately $53,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $44.87 on Tuesday. The business’s 50 day simple moving average is $43.90 and its 200-day simple moving average is $40.83. The firm has a market capitalization of $17.93 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83.

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.