Merit Financial Group LLC Purchases 13,383 Shares of Capital Group Global Growth Equity ETF $CGGO

Merit Financial Group LLC raised its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 12.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 124,033 shares of the company’s stock after purchasing an additional 13,383 shares during the quarter. Merit Financial Group LLC owned approximately 0.06% of Capital Group Global Growth Equity ETF worth $3,965,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Global Growth Equity ETF by 5.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 10,746,718 shares of the company’s stock valued at $304,455,000 after buying an additional 601,927 shares in the last quarter. LPL Financial LLC grew its stake in Capital Group Global Growth Equity ETF by 33.9% in the 1st quarter. LPL Financial LLC now owns 9,035,420 shares of the company’s stock valued at $255,973,000 after buying an additional 2,289,572 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Capital Group Global Growth Equity ETF by 18.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 5,709,329 shares of the company’s stock valued at $161,745,000 after acquiring an additional 885,476 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Capital Group Global Growth Equity ETF by 24.3% during the first quarter. Commonwealth Equity Services LLC now owns 4,852,845 shares of the company’s stock worth $137,481,000 after acquiring an additional 948,204 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Capital Group Global Growth Equity ETF by 15.7% in the first quarter. Cetera Investment Advisers now owns 3,218,957 shares of the company’s stock worth $91,193,000 after acquiring an additional 436,832 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

Shares of NYSEARCA CGGO opened at $34.77 on Tuesday. Capital Group Global Growth Equity ETF has a fifty-two week low of $24.67 and a fifty-two week high of $34.89. The stock has a market cap of $7.57 billion, a PE ratio of 22.37 and a beta of 0.99. The stock has a fifty day moving average of $33.15 and a 200-day moving average of $31.09.

About Capital Group Global Growth Equity ETF

The Capital Group Global Growth Equity ETF (CGGO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in US and non-US companies of any market capitalization with growth potential. CGGO was launched on Feb 22, 2022 and is managed by Capital Group.