Capital Group Growth ETF $CGGR Stock Holdings Lifted by Souders Financial Advisors

Souders Financial Advisors increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 10.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 364,518 shares of the company’s stock after buying an additional 33,244 shares during the quarter. Capital Group Growth ETF comprises approximately 1.9% of Souders Financial Advisors’ portfolio, making the stock its 16th largest holding. Souders Financial Advisors’ holdings in Capital Group Growth ETF were worth $14,818,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in CGGR. Stratos Wealth Partners LTD. boosted its holdings in shares of Capital Group Growth ETF by 102.0% during the first quarter. Stratos Wealth Partners LTD. now owns 61,486 shares of the company’s stock worth $2,106,000 after purchasing an additional 31,047 shares during the period. Axxcess Wealth Management LLC boosted its holdings in shares of Capital Group Growth ETF by 29.7% during the first quarter. Axxcess Wealth Management LLC now owns 251,031 shares of the company’s stock worth $8,598,000 after purchasing an additional 57,506 shares during the period. Moloney Securities Asset Management LLC boosted its holdings in shares of Capital Group Growth ETF by 31.3% during the first quarter. Moloney Securities Asset Management LLC now owns 45,344 shares of the company’s stock worth $1,553,000 after purchasing an additional 10,811 shares during the period. tru Independence LLC acquired a new stake in shares of Capital Group Growth ETF during the first quarter worth approximately $3,454,000. Finally, Investments & Financial Planning LLC boosted its holdings in shares of Capital Group Growth ETF by 3.4% during the first quarter. Investments & Financial Planning LLC now owns 248,817 shares of the company’s stock worth $8,522,000 after purchasing an additional 8,104 shares during the period.

Capital Group Growth ETF Stock Up 0.9%

NYSEARCA CGGR opened at $44.22 on Thursday. The stock has a market capitalization of $17.71 billion, a PE ratio of 30.88 and a beta of 1.17. The company has a 50 day moving average price of $43.96 and a two-hundred day moving average price of $40.93. 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.