Capital Group Growth ETF $CGGR Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 29.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 79,791 shares of the company’s stock after purchasing an additional 18,305 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Capital Group Growth ETF were worth $3,244,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. LPL Financial LLC lifted its position in shares of Capital Group Growth ETF by 36.1% during the first quarter. LPL Financial LLC now owns 22,834,860 shares of the company’s stock worth $782,094,000 after purchasing an additional 6,059,534 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Capital Group Growth ETF by 13.8% during the first quarter. Commonwealth Equity Services LLC now owns 11,677,554 shares of the company’s stock worth $399,956,000 after purchasing an additional 1,415,798 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Capital Group Growth ETF by 14.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,074,492 shares of the company’s stock worth $310,801,000 after buying an additional 1,166,451 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Growth ETF by 17.0% during the first quarter. Envestnet Asset Management Inc. now owns 8,099,224 shares of the company’s stock worth $277,398,000 after buying an additional 1,175,119 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of Capital Group Growth ETF by 12.1% during the first quarter. Raymond James Financial Inc. now owns 7,777,757 shares of the company’s stock worth $266,388,000 after buying an additional 839,677 shares during the period.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $43.96 on Monday. The company’s 50 day moving average price is $43.27 and its 200 day moving average price is $39.80. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $44.71. The firm has a market capitalization of $16.84 billion, a price-to-earnings ratio of 30.88 and a beta of 1.09.

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.