Westside Investment Management Inc. Raises Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Westside Investment Management Inc. boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 650.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,875 shares of the company’s stock after acquiring an additional 4,225 shares during the quarter. Westside Investment Management Inc.’s holdings in Capital Group Growth ETF were worth $181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of CGGR. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Growth ETF in the 3rd quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Capital Group Growth ETF in the 3rd quarter worth approximately $35,000. Hershey Financial Advisers LLC bought a new position in shares of Capital Group Growth ETF in the 2nd quarter worth approximately $58,000. WFA of San Diego LLC bought a new position in shares of Capital Group Growth ETF in the 3rd quarter worth approximately $70,000. Finally, Harbor Investment Advisory LLC bought a new position in shares of Capital Group Growth ETF in the 4th quarter worth approximately $80,000.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $39.29 on Thursday. Capital Group Growth ETF has a 52-week low of $28.58 and a 52-week high of $39.54. The firm has a market capitalization of $6.69 billion, a P/E ratio of 28.99 and a beta of 1.22. The stock has a 50 day moving average price of $37.92 and a 200-day moving average price of $35.35.

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.