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

Commonwealth Equity Services LLC raised its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,904,641 shares of the company’s stock after acquiring an additional 520,373 shares during the period. Commonwealth Equity Services LLC owned approximately 3.30% of Capital Group Global Growth Equity ETF worth $114,094,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in Capital Group Global Growth Equity ETF in the fourth quarter valued at approximately $358,139,000. Janney Montgomery Scott LLC bought a new position in shares of Capital Group Global Growth Equity ETF in the 4th quarter worth $25,973,000. LPL Financial LLC raised its position in shares of Capital Group Global Growth Equity ETF by 15.2% during the 3rd quarter. LPL Financial LLC now owns 5,536,840 shares of the company’s stock valued at $166,936,000 after buying an additional 732,035 shares in the last quarter. Prospera Financial Services Inc lifted its holdings in shares of Capital Group Global Growth Equity ETF by 373.7% during the 3rd quarter. Prospera Financial Services Inc now owns 699,376 shares of the company’s stock worth $21,086,000 after acquiring an additional 551,749 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in Capital Group Global Growth Equity ETF by 56.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,335,007 shares of the company’s stock worth $39,009,000 after acquiring an additional 480,012 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Up 0.8 %

CGGO opened at $28.69 on Thursday. The business’s fifty day simple moving average is $29.92 and its 200 day simple moving average is $29.87. Capital Group Global Growth Equity ETF has a 52 week low of $26.52 and a 52 week high of $30.94. The stock has a market cap of $5.02 billion, a PE ratio of 24.83 and a beta of 0.96.

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.