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

Commonwealth Equity Services LLC lifted its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,904,641 shares of the company’s stock after buying an additional 520,373 shares during the period. Commonwealth Equity Services LLC’s holdings in Capital Group Global Growth Equity ETF were worth $114,094,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wintrust Investments LLC increased its stake in Capital Group Global Growth Equity ETF by 98.2% in the 4th quarter. Wintrust Investments LLC now owns 1,578 shares of the company’s stock worth $46,000 after purchasing an additional 782 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Capital Group Global Growth Equity ETF by 37.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 192,256 shares of the company’s stock worth $5,618,000 after purchasing an additional 52,148 shares during the last quarter. PFG Advisors increased its stake in shares of Capital Group Global Growth Equity ETF by 10.1% in the fourth quarter. PFG Advisors now owns 69,927 shares of the company’s stock worth $2,043,000 after buying an additional 6,437 shares during the period. HighTower Advisors LLC raised its holdings in Capital Group Global Growth Equity ETF by 4.7% during the 4th quarter. HighTower Advisors LLC now owns 235,403 shares of the company’s stock valued at $6,878,000 after buying an additional 10,553 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its position in Capital Group Global Growth Equity ETF by 30.5% during the 4th quarter. Moors & Cabot Inc. now owns 19,071 shares of the company’s stock valued at $557,000 after buying an additional 4,458 shares during the period.

Capital Group Global Growth Equity ETF Trading Up 0.8 %

CGGO stock opened at $28.69 on Thursday. The stock has a market capitalization of $5.02 billion, a price-to-earnings ratio of 24.83 and a beta of 0.96. The firm’s 50-day moving average price is $29.92 and its two-hundred day moving average price is $29.87. Capital Group Global Growth Equity ETF has a 12-month low of $26.52 and a 12-month high of $30.94.

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.