Prospera Private Wealth LLC Invests $186,000 in Capital Group Growth ETF (NYSEARCA:CGGR)

Prospera Private Wealth LLC acquired a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,353 shares of the company’s stock, valued at approximately $186,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CGGR. Cassady Schiller Wealth Management LLC acquired a new stake in Capital Group Growth ETF during the third quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in Capital Group Growth ETF during the third quarter valued at $35,000. Fairscale Capital LLC acquired a new stake in Capital Group Growth ETF during the second quarter valued at $39,000. GAMMA Investing LLC acquired a new stake in Capital Group Growth ETF during the second quarter valued at $38,000. Finally, Hershey Financial Advisers LLC acquired a new stake in shares of Capital Group Growth ETF in the second quarter valued at about $58,000.

Capital Group Growth ETF Stock Up 0.3 %

Shares of NYSEARCA CGGR opened at $37.20 on Thursday. The company’s 50-day simple moving average is $35.35 and its 200-day simple moving average is $33.55. Capital Group Growth ETF has a 52-week low of $26.29 and a 52-week high of $37.76. The firm has a market cap of $6.33 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22.

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.