Prospera Financial Services Inc Raises Stake in Capital Group Growth ETF $CGGR

Prospera Financial Services Inc increased its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 8.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,074,317 shares of the company’s stock after acquiring an additional 84,649 shares during the period. Capital Group Growth ETF makes up 0.8% of Prospera Financial Services Inc’s investment portfolio, making the stock its 17th largest holding. Prospera Financial Services Inc owned about 0.31% of Capital Group Growth ETF worth $43,677,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stratos Wealth Partners LTD. grew its stake in shares of Capital Group Growth ETF by 102.0% in the 1st quarter. Stratos Wealth Partners LTD. now owns 61,486 shares of the company’s stock worth $2,106,000 after buying an additional 31,047 shares during the last quarter. Allworth Financial LP boosted its holdings in Capital Group Growth ETF by 9.3% in the first quarter. Allworth Financial LP now owns 140,209 shares of the company’s stock worth $4,791,000 after acquiring an additional 11,983 shares in the last quarter. Hunter Associates Investment Management LLC boosted its holdings in Capital Group Growth ETF by 8.5% in the first quarter. Hunter Associates Investment Management LLC now owns 19,100 shares of the company’s stock worth $654,000 after acquiring an additional 1,500 shares in the last quarter. Burford Brothers Inc. grew its stake in shares of Capital Group Growth ETF by 3.0% in the first quarter. Burford Brothers Inc. now owns 184,955 shares of the company’s stock worth $6,335,000 after acquiring an additional 5,448 shares during the last quarter. Finally, Weil Company Inc. increased its holdings in shares of Capital Group Growth ETF by 54.5% during the first quarter. Weil Company Inc. now owns 215,306 shares of the company’s stock valued at $7,374,000 after acquiring an additional 75,985 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $43.50 on Friday. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83. The firm’s 50-day moving average is $44.00 and its 200 day moving average is $41.03. The stock has a market cap of $17.43 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

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.