Capital Group Global Growth Equity ETF $CGGO Position Increased by Financial Council LLC

Financial Council LLC boosted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,627,950 shares of the company’s stock after buying an additional 47,650 shares during the quarter. Capital Group Global Growth Equity ETF accounts for about 20.5% of Financial Council LLC’s investment portfolio, making the stock its largest position. Financial Council LLC owned approximately 0.53% of Capital Group Global Growth Equity ETF worth $64,760,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its position in shares of Capital Group Global Growth Equity ETF by 3.0% during the second quarter. NewEdge Advisors LLC now owns 1,713,417 shares of the company’s stock worth $72,529,000 after purchasing an additional 49,520 shares during the period. Waverly Advisors LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the 2nd quarter valued at $892,000. MCF Advisors LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the 2nd quarter valued at $24,454,000. WNY Asset Management LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the 1st quarter valued at $23,784,000. Finally, Valmark Advisers Inc. increased its stake in Capital Group Global Growth Equity ETF by 11.3% in the 1st quarter. Valmark Advisers Inc. now owns 841,093 shares of the company’s stock worth $28,067,000 after purchasing an additional 85,283 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

NYSEARCA CGGO traded up $0.28 on Friday, hitting $36.78. 1,389,839 shares of the company were exchanged, compared to its average volume of 1,282,357. The company’s 50 day moving average price is $39.13 and its 200-day moving average price is $38.44. The firm has a market capitalization of $11.43 billion, a P/E ratio of 22.37 and a beta of 1.03. Capital Group Global Growth Equity ETF has a twelve month low of $31.94 and a twelve month high of $42.88.

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.