Westside Investment Management Inc. Buys 4,225 Shares of 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 fourth quarter, Holdings Channel reports. The institutional investor owned 4,875 shares of the company’s stock after purchasing an additional 4,225 shares during the period. Westside Investment Management Inc.’s holdings in Capital Group Growth ETF were worth $181,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC increased its holdings in shares of Capital Group Growth ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock worth $1,140,000 after purchasing an additional 301 shares in the last quarter. Professional Financial Advisors LLC increased its holdings in shares of Capital Group Growth ETF by 1.0% in the 4th quarter. Professional Financial Advisors LLC now owns 31,361 shares of the company’s stock worth $1,166,000 after purchasing an additional 304 shares in the last quarter. Signet Financial Management LLC increased its holdings in shares of Capital Group Growth ETF by 0.3% in the 4th quarter. Signet Financial Management LLC now owns 117,769 shares of the company’s stock worth $4,377,000 after purchasing an additional 382 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in shares of Capital Group Growth ETF by 7.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 6,889 shares of the company’s stock worth $240,000 after buying an additional 458 shares during the last quarter. Finally, Bill Few Associates Inc. boosted its stake in shares of Capital Group Growth ETF by 2.6% in the 3rd quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock worth $639,000 after buying an additional 470 shares during the last quarter.

Capital Group Growth ETF Price Performance

CGGR stock opened at $39.29 on Thursday. The company has a market cap of $6.69 billion, a P/E ratio of 28.99 and a beta of 1.22. Capital Group Growth ETF has a 1 year low of $28.58 and a 1 year high of $39.54. The stock’s fifty day moving average price is $37.92 and its 200-day moving average price is $35.35.

Capital Group Growth ETF 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.