Gateway Wealth Partners LLC Boosts Stock Holdings in Capital Group Global Growth Equity ETF $CGGO

Gateway Wealth Partners LLC lifted its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 395.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 250,084 shares of the company’s stock after acquiring an additional 199,604 shares during the period. Gateway Wealth Partners LLC’s holdings in Capital Group Global Growth Equity ETF were worth $8,345,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. LVW Advisors LLC raised its stake in shares of Capital Group Global Growth Equity ETF by 3.8% in the fourth quarter. LVW Advisors LLC now owns 1,067,741 shares of the company’s stock worth $36,997,000 after purchasing an additional 39,276 shares during the last quarter. Bleakley Financial Group LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 7.9% during the fourth quarter. Bleakley Financial Group LLC now owns 497,148 shares of the company’s stock valued at $17,226,000 after buying an additional 36,497 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Capital Group Global Growth Equity ETF by 459.1% in the 4th quarter. Farther Finance Advisors LLC now owns 465,464 shares of the company’s stock worth $16,128,000 after buying an additional 382,208 shares in the last quarter. BIP Wealth LLC purchased a new position in Capital Group Global Growth Equity ETF in the 4th quarter worth about $23,656,000. Finally, Clarity Wealth Advisors LLC raised its position in Capital Group Global Growth Equity ETF by 5.6% in the 4th quarter. Clarity Wealth Advisors LLC now owns 317,991 shares of the company’s stock worth $11,018,000 after buying an additional 16,730 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

CGGO opened at $39.09 on Monday. The company’s 50-day simple moving average is $40.56 and its two-hundred day simple moving average is $37.69. The stock has a market capitalization of $11.28 billion, a P/E ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 52-week low of $31.67 and a 52-week 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.