Capital Group Growth ETF $CGGR Shares Bought by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 6,525 shares of the company’s stock after purchasing an additional 281 shares during the quarter. Prosperity Financial Group Inc.’s holdings in Capital Group Growth ETF were worth $265,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Freedom Investment Management Inc. acquired a new position in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $417,000. BlueChip Wealth Advisors LLC boosted its holdings in shares of Capital Group Growth ETF by 0.8% during the 2nd quarter. BlueChip Wealth Advisors LLC now owns 145,662 shares of the company’s stock worth $5,921,000 after purchasing an additional 1,218 shares during the last quarter. Exencial Wealth Advisors LLC boosted its holdings in shares of Capital Group Growth ETF by 1.0% during the 2nd quarter. Exencial Wealth Advisors LLC now owns 411,088 shares of the company’s stock worth $16,711,000 after purchasing an additional 4,241 shares during the last quarter. Brookstone Capital Management boosted its holdings in shares of Capital Group Growth ETF by 14.9% during the 2nd quarter. Brookstone Capital Management now owns 147,489 shares of the company’s stock worth $5,995,000 after purchasing an additional 19,155 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Capital Group Growth ETF by 52.9% during the 2nd quarter. D.A. Davidson & CO. now owns 747,006 shares of the company’s stock worth $30,366,000 after purchasing an additional 258,438 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $44.18 on Thursday. The stock has a market cap of $16.93 billion, a P/E ratio of 30.88 and a beta of 1.09. The stock’s 50 day simple moving average is $43.40 and its 200-day simple moving average is $39.96. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $44.71.

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.