Apollon Wealth Management LLC Has $9.31 Million Holdings in Capital Group Growth ETF $CGGR

Apollon Wealth Management LLC raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 157.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 211,885 shares of the company’s stock after purchasing an additional 129,587 shares during the period. Apollon Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $9,306,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Meridian Wealth Management LLC increased its holdings in shares of Capital Group Growth ETF by 0.4% during the second quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock worth $2,958,000 after purchasing an additional 261 shares during the period. Professional Financial Advisors LLC grew its position in Capital Group Growth ETF by 0.9% during the second quarter. Professional Financial Advisors LLC now owns 31,051 shares of the company’s stock worth $1,262,000 after buying an additional 272 shares in the last quarter. Prosperity Financial Group Inc. grew its position in Capital Group Growth ETF by 4.5% during the second quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock worth $265,000 after buying an additional 281 shares in the last quarter. Visionary Wealth Advisors increased its stake in Capital Group Growth ETF by 2.9% during the 2nd quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock worth $512,000 after acquiring an additional 358 shares during the period. Finally, Trilogy Capital Inc. raised its holdings in Capital Group Growth ETF by 2.8% in the 2nd quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock valued at $546,000 after acquiring an additional 367 shares in the last quarter.

Capital Group Growth ETF Stock Performance

NYSEARCA:CGGR opened at $45.12 on Friday. The company has a market cap of $18.08 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83. The stock has a fifty day moving average price of $44.15 and a 200-day moving average price of $42.78.

Capital Group Growth ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 26th will be paid a dividend of $0.0424 per share. This represents a yield of 19.0%. The ex-dividend date is Friday, December 26th.

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.