Principal Securities Inc. Buys 30,833 Shares of Capital Group Global Growth Equity ETF $CGGO

Principal Securities Inc. boosted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 11.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 296,491 shares of the company’s stock after purchasing an additional 30,833 shares during the quarter. Principal Securities Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $10,273,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Capital Group Private Client Services Inc. boosted its position in Capital Group Global Growth Equity ETF by 4.1% during the fourth quarter. Capital Group Private Client Services Inc. now owns 21,118,680 shares of the company’s stock worth $731,762,000 after purchasing an additional 839,808 shares during the period. LPL Financial LLC lifted its holdings in shares of Capital Group Global Growth Equity ETF by 14.9% during the fourth quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock worth $522,134,000 after buying an additional 1,958,085 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 0.6% during the second quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock worth $385,555,000 after buying an additional 71,961 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 0.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,053,425 shares of the company’s stock worth $383,001,000 after buying an additional 34,680 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of Capital Group Global Growth Equity ETF by 4.2% during the fourth quarter. UBS Group AG now owns 4,032,146 shares of the company’s stock worth $139,714,000 after buying an additional 162,049 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

CGGO opened at $40.44 on Friday. Capital Group Global Growth Equity ETF has a fifty-two week low of $30.54 and a fifty-two week high of $41.74. The company has a market capitalization of $10.94 billion, a P/E ratio of 22.37 and a beta of 1.02. The stock has a fifty day moving average of $38.24 and a 200-day moving average of $36.35.

Capital Group Global Growth Equity ETF Company 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.