Capital Group Global Growth Equity ETF (NYSEARCA:CGGO – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $39.50 and last traded at $39.46, with a volume of 1218787 shares traded. The stock had previously closed at $38.29.
Capital Group Global Growth Equity ETF Stock Up 3.1%
The firm has a 50 day moving average price of $35.62 and a 200 day moving average price of $35.36. The stock has a market cap of $10.68 billion, a P/E ratio of 22.37 and a beta of 1.01.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Pflug Koory LLC bought a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth about $25,000. Miller Capital Partners Inc. bought a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth about $41,000. CoreCap Advisors LLC raised its stake in shares of Capital Group Global Growth Equity ETF by 35.4% in the fourth quarter. CoreCap Advisors LLC now owns 1,219 shares of the company’s stock worth $42,000 after buying an additional 319 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Capital Group Global Growth Equity ETF by 126.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,268 shares of the company’s stock worth $44,000 after buying an additional 707 shares during the period. Finally, TD Capital Management LLC bought a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth about $48,000.
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.
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