Capital Group Global Growth Equity ETF $CGGO is Capital Group Private Client Services Inc.’s 2nd Largest Position

Capital Group Private Client Services Inc. boosted its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,118,680 shares of the company’s stock after acquiring an additional 839,808 shares during the quarter. Capital Group Global Growth Equity ETF comprises about 11.6% of Capital Group Private Client Services Inc.’s holdings, making the stock its 2nd largest holding. Capital Group Private Client Services Inc. owned approximately 0.09% of Capital Group Global Growth Equity ETF worth $731,762,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CGGO. Pflug Koory LLC purchased a new position in shares of Capital Group Global Growth Equity ETF during the 4th quarter valued at approximately $25,000. CoreCap Advisors LLC boosted its stake in shares of Capital Group Global Growth Equity ETF by 35.4% during the 4th quarter. CoreCap Advisors LLC now owns 1,219 shares of the company’s stock valued at $42,000 after buying an additional 319 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 126.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,268 shares of the company’s stock valued at $44,000 after acquiring an additional 707 shares in the last quarter. Huntington National Bank acquired a new stake in shares of Capital Group Global Growth Equity ETF during the 3rd quarter valued at approximately $48,000. Finally, Richardson Capital Management LLC raised its position in shares of Capital Group Global Growth Equity ETF by 33.0% during the 4th quarter. Richardson Capital Management LLC now owns 1,895 shares of the company’s stock valued at $66,000 after acquiring an additional 470 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Down 4.8%

CGGO stock opened at $39.20 on Friday. The firm has a market cap of $10.61 billion, a P/E ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 12-month low of $30.54 and a 12-month high of $41.74. The stock’s 50 day simple moving average is $37.69 and its 200 day simple moving average is $36.15.

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.