Summit Wealth Group LLC Co. Purchases New Shares in Capital Group Global Growth Equity ETF $CGGO

Summit Wealth Group LLC Co. purchased a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 25,660 shares of the company’s stock, valued at approximately $889,000.

A number of other institutional investors also recently bought and sold shares of the business. American Financial Advisors LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 223.6% in the third quarter. American Financial Advisors LLC now owns 23,768 shares of the company’s stock valued at $812,000 after buying an additional 16,424 shares during the last quarter. Frazier Financial Advisors LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 192.1% in the third quarter. Frazier Financial Advisors LLC now owns 353,941 shares of the company’s stock valued at $12,094,000 after buying an additional 232,777 shares during the last quarter. Arlington Financial Advisors LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 3.9% in the fourth quarter. Arlington Financial Advisors LLC now owns 1,400,492 shares of the company’s stock valued at $48,527,000 after buying an additional 52,375 shares during the last quarter. Cornerstone Advisory LLC purchased a new stake in shares of Capital Group Global Growth Equity ETF in the third quarter valued at about $708,000. Finally, Capital Group Private Client Services Inc. raised its holdings in shares of Capital Group Global Growth Equity ETF by 11.3% in the third quarter. Capital Group Private Client Services Inc. now owns 20,278,872 shares of the company’s stock valued at $692,929,000 after buying an additional 2,058,313 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of NYSEARCA:CGGO opened at $39.22 on Wednesday. The company has a 50-day simple moving average of $35.82 and a 200-day simple moving average of $35.49. Capital Group Global Growth Equity ETF has a one year low of $29.82 and a one year high of $40.04. The stock has a market capitalization of $10.61 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01.

Capital Group Global Growth Equity ETF Profile

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.