Platt Wealth Management LLC Invests $972,000 in Capital Group Growth ETF $CGGR

Platt Wealth Management LLC purchased a new position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 21,871 shares of the company’s stock, valued at approximately $972,000. Capital Group Growth ETF comprises about 1.0% of Platt Wealth Management LLC’s portfolio, making the stock its 19th biggest position.

A number of other large investors also recently modified their holdings of the company. Gemmer Asset Management LLC lifted its stake in shares of Capital Group Growth ETF by 0.5% during the 4th quarter. Gemmer Asset Management LLC now owns 49,552 shares of the company’s stock valued at $2,204,000 after buying an additional 248 shares in the last quarter. Whipplewood Advisors LLC lifted its stake in shares of Capital Group Growth ETF by 32.5% during the 3rd quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock valued at $47,000 after buying an additional 261 shares in the last quarter. Hunter Associates Investment Management LLC lifted its stake in shares of Capital Group Growth ETF by 1.6% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 19,414 shares of the company’s stock valued at $853,000 after buying an additional 314 shares in the last quarter. Keystone Financial Services LLC lifted its stake in shares of Capital Group Growth ETF by 2.1% during the 4th quarter. Keystone Financial Services LLC now owns 16,572 shares of the company’s stock valued at $737,000 after buying an additional 336 shares in the last quarter. Finally, Cvfg LLC lifted its stake in shares of Capital Group Growth ETF by 4.4% during the 3rd quarter. Cvfg LLC now owns 8,064 shares of the company’s stock valued at $354,000 after buying an additional 339 shares in the last quarter.

Capital Group Growth ETF Stock Performance

CGGR opened at $46.06 on Friday. Capital Group Growth ETF has a fifty-two week low of $37.05 and a fifty-two week high of $46.79. The firm’s fifty day moving average is $43.25 and its 200 day moving average is $43.70. The stock has a market cap of $22.90 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.