Prosperity Wealth Management Inc. Invests $214,000 in Capital Group Growth ETF (NYSEARCA:CGGR)

Prosperity Wealth Management Inc. bought a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGRFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,765 shares of the company’s stock, valued at approximately $214,000.

Several other large investors have also bought and sold shares of the company. Cushing Capital Partners LLC bought a new position in Capital Group Growth ETF during the fourth quarter valued at about $412,000. Independent Advisor Alliance bought a new position in Capital Group Growth ETF during the fourth quarter valued at about $45,801,000. Larson Financial Group LLC bought a new position in Capital Group Growth ETF during the fourth quarter valued at about $38,000. Oak Hill Wealth Advisors LLC boosted its stake in Capital Group Growth ETF by 356.1% during the fourth quarter. Oak Hill Wealth Advisors LLC now owns 15,102 shares of the company’s stock valued at $561,000 after buying an additional 20,998 shares in the last quarter. Finally, Acas LLC boosted its stake in Capital Group Growth ETF by 5.6% during the fourth quarter. Acas LLC now owns 245,979 shares of the company’s stock valued at $9,721,000 after buying an additional 13,038 shares in the last quarter.

Capital Group Growth ETF Stock Up 1.6 %

Shares of CGGR stock opened at $34.75 on Thursday. The stock has a 50-day simple moving average of $38.11 and a 200 day simple moving average of $36.66. Capital Group Growth ETF has a fifty-two week low of $29.70 and a fifty-two week high of $39.96. The stock has a market capitalization of $9.81 billion, a P/E ratio of 29.74 and a beta of 1.16.

Capital Group Growth ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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