Stratos Wealth Partners LTD. Raises Holdings in Capital Group Growth ETF $CGGR

Stratos Wealth Partners LTD. raised its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 27.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,533 shares of the company’s stock after purchasing an additional 32,068 shares during the period. Stratos Wealth Partners LTD.’s holdings in Capital Group Growth ETF were worth $6,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in CGGR. Stratos Wealth Advisors LLC increased its stake in shares of Capital Group Growth ETF by 15.4% during the fourth quarter. Stratos Wealth Advisors LLC now owns 7,000 shares of the company’s stock worth $311,000 after buying an additional 936 shares during the period. Fearless Solutions LLC dba Best Invest lifted its stake in Capital Group Growth ETF by 0.9% in the fourth quarter. Fearless Solutions LLC dba Best Invest now owns 98,827 shares of the company’s stock worth $4,395,000 after acquiring an additional 921 shares during the last quarter. Coign Capital Advisors LLC grew its holdings in Capital Group Growth ETF by 4.1% during the 4th quarter. Coign Capital Advisors LLC now owns 234,502 shares of the company’s stock worth $10,428,000 after acquiring an additional 9,181 shares in the last quarter. AdvisorNet Financial Inc grew its holdings in Capital Group Growth ETF by 3.0% during the 4th quarter. AdvisorNet Financial Inc now owns 517,700 shares of the company’s stock worth $23,022,000 after acquiring an additional 14,886 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Capital Group Growth ETF by 1,102.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 33,573 shares of the company’s stock valued at $1,493,000 after purchasing an additional 30,780 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR opened at $40.41 on Monday. The firm has a market capitalization of $19.57 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm’s fifty day simple moving average is $42.47 and its 200-day simple moving average is $43.65. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83.

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.