Prospera Financial Services Inc Has $58.15 Million Holdings in Capital Group Growth ETF $CGGR

Prospera Financial Services Inc lifted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 10.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,307,483 shares of the company’s stock after purchasing an additional 121,240 shares during the quarter. Capital Group Growth ETF accounts for about 1.0% of Prospera Financial Services Inc’s portfolio, making the stock its 14th largest position. Prospera Financial Services Inc’s holdings in Capital Group Growth ETF were worth $58,151,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Hazlett Burt & Watson Inc. raised its stake in shares of Capital Group Growth ETF by 806.5% during the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Capital Group Growth ETF during the third quarter valued at $25,000. New Millennium Group LLC bought a new position in shares of Capital Group Growth ETF during the third quarter valued at $25,000. Triumph Capital Management bought a new position in shares of Capital Group Growth ETF during the third quarter valued at $29,000. Finally, Fifth Third Bancorp raised its stake in shares of Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after acquiring an additional 506 shares during the last quarter.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $46.06 on Friday. The company has a fifty day moving average price of $43.25 and a 200-day moving average price of $43.70. The company has a market capitalization of $22.90 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52-week low of $37.05 and a 52-week high of $46.79.

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.