Armstrong Fleming & Moore Inc bought a new stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor bought 43,657 shares of the company’s stock, valued at approximately $1,396,000. Capital Group Global Growth Equity ETF makes up about 0.8% of Armstrong Fleming & Moore Inc’s portfolio, making the stock its 23rd largest position.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CGGO. LPL Financial LLC increased its holdings in Capital Group Global Growth Equity ETF by 33.9% during the first quarter. LPL Financial LLC now owns 9,035,420 shares of the company’s stock valued at $255,973,000 after buying an additional 2,289,572 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of Capital Group Global Growth Equity ETF in the first quarter worth $27,335,000. Commonwealth Equity Services LLC raised its position in shares of Capital Group Global Growth Equity ETF by 24.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 4,852,845 shares of the company’s stock valued at $137,481,000 after purchasing an additional 948,204 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 18.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 5,709,329 shares of the company’s stock valued at $161,745,000 after purchasing an additional 885,476 shares during the period. Finally, Jones Financial Companies Lllp raised its position in shares of Capital Group Global Growth Equity ETF by 47.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,963,522 shares of the company’s stock valued at $55,803,000 after purchasing an additional 628,515 shares during the period.
Capital Group Global Growth Equity ETF Price Performance
Shares of CGGO stock opened at $34.81 on Thursday. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 22.37 and a beta of 0.99. Capital Group Global Growth Equity ETF has a one year low of $24.67 and a one year high of $34.89. The company’s fifty day moving average price is $33.25 and its 200-day moving average price is $31.14.
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.
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