Smartleaf Asset Management LLC Acquires 16,150 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Smartleaf Asset Management LLC increased its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 117,847 shares of the company’s stock after buying an additional 16,150 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $3,455,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Private Trust Co. NA lifted its stake in shares of Capital Group Global Growth Equity ETF by 112.8% during the 4th quarter. Private Trust Co. NA now owns 7,039 shares of the company’s stock worth $206,000 after acquiring an additional 3,731 shares during the last quarter. A&I Financial Services LLC bought a new stake in shares of Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $1,371,000. Kovack Advisors Inc. bought a new stake in shares of Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $247,000. Convergence Financial LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 7.3% during the 4th quarter. Convergence Financial LLC now owns 31,399 shares of the company’s stock worth $917,000 after acquiring an additional 2,126 shares during the last quarter. Finally, Armstrong Fleming & Moore Inc lifted its stake in shares of Capital Group Global Growth Equity ETF by 1.4% during the 4th quarter. Armstrong Fleming & Moore Inc now owns 47,292 shares of the company’s stock worth $1,382,000 after acquiring an additional 668 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of CGGO stock opened at $29.66 on Friday. Capital Group Global Growth Equity ETF has a 52-week low of $26.52 and a 52-week high of $30.94. The firm has a market capitalization of $5.19 billion, a P/E ratio of 24.83 and a beta of 0.96. The stock has a 50 day moving average price of $30.00 and a 200 day moving average price of $29.90.

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.