Commonwealth Equity Services LLC Boosts Stock Holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Commonwealth Equity Services LLC raised its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,421,893 shares of the company’s stock after acquiring an additional 327,454 shares during the period. Commonwealth Equity Services LLC owned approximately 3.20% of Capital Group Global Growth Equity ETF worth $62,315,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Armstrong Fleming & Moore Inc increased its holdings in shares of Capital Group Global Growth Equity ETF by 9.3% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 44,223 shares of the company’s stock worth $1,138,000 after purchasing an additional 3,748 shares during the last quarter. Choreo LLC increased its stake in Capital Group Global Growth Equity ETF by 7.5% in the 4th quarter. Choreo LLC now owns 20,664 shares of the company’s stock worth $532,000 after acquiring an additional 1,440 shares during the last quarter. Bridgewealth Advisory Group LLC increased its stake in Capital Group Global Growth Equity ETF by 20.7% in the 4th quarter. Bridgewealth Advisory Group LLC now owns 11,183 shares of the company’s stock worth $288,000 after acquiring an additional 1,916 shares during the last quarter. Valmark Advisers Inc. raised its holdings in shares of Capital Group Global Growth Equity ETF by 807.9% during the 4th quarter. Valmark Advisers Inc. now owns 154,558 shares of the company’s stock worth $3,977,000 after acquiring an additional 137,535 shares in the last quarter. Finally, Rather & Kittrell Inc. bought a new position in shares of Capital Group Global Growth Equity ETF during the 4th quarter valued at approximately $208,000.

Capital Group Global Growth Equity ETF Stock Performance

CGGO stock opened at $28.35 on Friday. The firm has a fifty day moving average price of $28.30 and a 200 day moving average price of $26.26. The firm has a market cap of $3.35 billion, a PE ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a fifty-two week low of $22.08 and a fifty-two week high of $29.05.

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.