Apollon Wealth Management LLC Increases Stock Holdings in Capital Group Growth ETF (NYSEARCA:CGGR)

Apollon Wealth Management LLC boosted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 7.3% in the third quarter, HoldingsChannel.com reports. The fund owned 12,034 shares of the company’s stock after purchasing an additional 814 shares during the period. Apollon Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $419,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CGGR. Cornerstone Wealth Management LLC raised its position in Capital Group Growth ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 32,782 shares of the company’s stock valued at $1,140,000 after purchasing an additional 301 shares in the last quarter. WealthCare Investment Partners LLC raised its position in shares of Capital Group Growth ETF by 1.2% during the 2nd quarter. WealthCare Investment Partners LLC now owns 30,415 shares of the company’s stock worth $1,000,000 after acquiring an additional 372 shares in the last quarter. Bill Few Associates Inc. raised its position in shares of Capital Group Growth ETF by 2.6% during the 3rd quarter. Bill Few Associates Inc. now owns 18,365 shares of the company’s stock worth $639,000 after acquiring an additional 470 shares in the last quarter. Summit Global Investments raised its position in shares of Capital Group Growth ETF by 3.3% during the 3rd quarter. Summit Global Investments now owns 14,743 shares of the company’s stock worth $513,000 after acquiring an additional 470 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its position in shares of Capital Group Growth ETF by 4.5% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 11,731 shares of the company’s stock worth $386,000 after acquiring an additional 500 shares in the last quarter.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA CGGR opened at $36.40 on Monday. Capital Group Growth ETF has a fifty-two week low of $25.98 and a fifty-two week high of $37.76. The firm has a market capitalization of $6.20 billion, a PE ratio of 28.99 and a beta of 1.22. The stock’s 50-day simple moving average is $35.08 and its 200-day simple moving average is $33.43.

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.