Prospera Financial Services Inc Has $66.33 Million Stake in Capital Group Growth ETF $CGGR

Prospera Financial Services Inc reduced its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 2.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,405,335 shares of the company’s stock after selling 35,043 shares during the quarter. Capital Group Growth ETF accounts for 1.0% of Prospera Financial Services Inc’s portfolio, making the stock its 18th largest position. Prospera Financial Services Inc owned approximately 0.27% of Capital Group Growth ETF worth $66,332,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Valmark Advisers Inc. increased its holdings in Capital Group Growth ETF by 51.2% during the fourth quarter. Valmark Advisers Inc. now owns 873,172 shares of the company’s stock valued at $38,830,000 after buying an additional 295,543 shares during the period. Oxinas Partners LLC lifted its holdings in Capital Group Growth ETF by 761.6% during the fourth quarter. Oxinas Partners LLC now owns 82,334 shares of the company’s stock worth $3,661,000 after buying an additional 72,778 shares during the period. CWM LLC lifted its holdings in Capital Group Growth ETF by 3.1% during the fourth quarter. CWM LLC now owns 2,255,337 shares of the company’s stock worth $100,295,000 after buying an additional 68,448 shares during the period. Cornerstone Wealth Management LLC boosted its position in Capital Group Growth ETF by 69.9% during the 4th quarter. Cornerstone Wealth Management LLC now owns 62,020 shares of the company’s stock valued at $2,758,000 after acquiring an additional 25,522 shares in the last quarter. Finally, Assetmark Inc. boosted its position in Capital Group Growth ETF by 51.5% during the 4th quarter. Assetmark Inc. now owns 556,817 shares of the company’s stock valued at $24,762,000 after acquiring an additional 189,316 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.2%

Shares of NYSEARCA:CGGR opened at $47.03 on Thursday. Capital Group Growth ETF has a 12-month low of $38.55 and a 12-month high of $48.02. The business’s fifty day simple moving average is $46.10 and its 200-day simple moving average is $44.51. The company has a market capitalization of $25.31 billion, a PE ratio of 30.88 and a beta of 1.18.

Capital Group Growth ETF Company 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.