Capital Group Global Growth Equity ETF $CGGO Shares Acquired by KWB Wealth

KWB Wealth raised its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 29.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 488,425 shares of the company’s stock after acquiring an additional 111,537 shares during the period. Capital Group Global Growth Equity ETF makes up 1.8% of KWB Wealth’s investment portfolio, making the stock its 16th largest holding. KWB Wealth owned 0.17% of Capital Group Global Growth Equity ETF worth $20,675,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Miller Capital Partners Inc. purchased a new position in Capital Group Global Growth Equity ETF during the fourth quarter worth about $41,000. TD Capital Management LLC purchased a new stake in Capital Group Global Growth Equity ETF in the 4th quarter valued at approximately $48,000. Ameriflex Group Inc. boosted its holdings in Capital Group Global Growth Equity ETF by 47.5% in the 4th quarter. Ameriflex Group Inc. now owns 1,401 shares of the company’s stock valued at $49,000 after purchasing an additional 451 shares in the last quarter. Sunbelt Securities Inc. increased its position in Capital Group Global Growth Equity ETF by 91.7% during the 1st quarter. Sunbelt Securities Inc. now owns 1,449 shares of the company’s stock worth $48,000 after purchasing an additional 693 shares during the period. Finally, CoreCap Advisors LLC increased its position in Capital Group Global Growth Equity ETF by 30.1% during the 2nd quarter. CoreCap Advisors LLC now owns 1,711 shares of the company’s stock worth $72,000 after purchasing an additional 396 shares during the period.

Capital Group Global Growth Equity ETF Trading Down 0.3%

Shares of CGGO stock opened at $40.50 on Tuesday. The company has a market cap of $11.72 billion, a price-to-earnings ratio of 22.37 and a beta of 1.02. The stock has a 50 day simple moving average of $40.54 and a 200-day simple moving average of $37.99. Capital Group Global Growth Equity ETF has a 12-month low of $31.94 and a 12-month high of $42.88.

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.