Apollon Wealth Management LLC Boosts Holdings in Capital Group Growth ETF $CGGR

Apollon Wealth Management LLC increased its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 421.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,298 shares of the company’s stock after purchasing an additional 66,522 shares during the period. Apollon Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $3,345,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in CGGR. GAMMA Investing LLC lifted its holdings in Capital Group Growth ETF by 3,325.0% in the 1st quarter. GAMMA Investing LLC now owns 39,079 shares of the company’s stock worth $1,338,000 after purchasing an additional 37,938 shares in the last quarter. CX Institutional purchased a new position in Capital Group Growth ETF in the 1st quarter worth approximately $48,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Capital Group Growth ETF by 4.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,007,955 shares of the company’s stock worth $68,772,000 after purchasing an additional 83,798 shares in the last quarter. CRA Financial Services LLC lifted its holdings in Capital Group Growth ETF by 7.6% in the 1st quarter. CRA Financial Services LLC now owns 6,639 shares of the company’s stock worth $227,000 after purchasing an additional 469 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its holdings in Capital Group Growth ETF by 5.9% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 92,462 shares of the company’s stock worth $3,167,000 after purchasing an additional 5,115 shares in the last quarter.

Capital Group Growth ETF Trading Down 3.2%

NYSEARCA CGGR opened at $43.04 on Monday. The stock’s 50 day moving average is $43.04 and its 200 day moving average is $39.46. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $44.71. The stock has a market cap of $16.44 billion, a PE ratio of 30.88 and a beta of 1.09.

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.