Arkadios Wealth Advisors Acquires 2,792 Shares of Capital Group Growth ETF $CGGR

Arkadios Wealth Advisors grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 12.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,691 shares of the company’s stock after acquiring an additional 2,792 shares during the quarter. Arkadios Wealth Advisors’ holdings in Capital Group Growth ETF were worth $1,004,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CGGR. Golden State Wealth Management LLC acquired a new position in Capital Group Growth ETF during the 1st quarter valued at $30,000. Rossby Financial LCC bought a new position in shares of Capital Group Growth ETF during the 1st quarter worth about $31,000. OneDigital Investment Advisors LLC raised its position in shares of Capital Group Growth ETF by 0.7% during the first quarter. OneDigital Investment Advisors LLC now owns 45,344 shares of the company’s stock valued at $1,553,000 after buying an additional 314 shares during the last quarter. Capital Investment Advisory Services LLC lifted its stake in shares of Capital Group Growth ETF by 48.6% in the first quarter. Capital Investment Advisory Services LLC now owns 9,972 shares of the company’s stock valued at $342,000 after buying an additional 3,263 shares during the period. Finally, World Investment Advisors lifted its stake in shares of Capital Group Growth ETF by 28.5% in the first quarter. World Investment Advisors now owns 93,946 shares of the company’s stock valued at $3,218,000 after buying an additional 20,818 shares during the period.

Capital Group Growth ETF Stock Up 0.7%

Shares of CGGR opened at $44.87 on Monday. The stock’s 50-day moving average price is $43.84 and its 200 day moving average price is $40.74. The firm has a market capitalization of $17.93 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $45.83.

About Capital Group Growth ETF

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.