LPL Financial LLC Raises Stock Position in Capital Group Global Growth Equity ETF $CGGO

LPL Financial LLC increased its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 14.9% during the 4th quarter, HoldingsChannel reports. The firm owned 15,068,808 shares of the company’s stock after buying an additional 1,958,085 shares during the period. LPL Financial LLC owned about 0.06% of Capital Group Global Growth Equity ETF worth $522,134,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arlington Financial Advisors LLC boosted its holdings in Capital Group Global Growth Equity ETF by 3.9% in the fourth quarter. Arlington Financial Advisors LLC now owns 1,400,492 shares of the company’s stock worth $48,527,000 after purchasing an additional 52,375 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in Capital Group Global Growth Equity ETF by 7.9% in the fourth quarter. Bleakley Financial Group LLC now owns 497,148 shares of the company’s stock worth $17,226,000 after purchasing an additional 36,497 shares during the last quarter. LVW Advisors LLC boosted its holdings in Capital Group Global Growth Equity ETF by 3.8% in the fourth quarter. LVW Advisors LLC now owns 1,067,741 shares of the company’s stock worth $36,997,000 after purchasing an additional 39,276 shares during the last quarter. Cornerstone Advisory LLC purchased a new stake in Capital Group Global Growth Equity ETF in the third quarter worth approximately $708,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Capital Group Global Growth Equity ETF by 459.1% during the 4th quarter. Farther Finance Advisors LLC now owns 465,464 shares of the company’s stock worth $16,128,000 after acquiring an additional 382,208 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of Capital Group Global Growth Equity ETF stock opened at $39.80 on Tuesday. The company’s fifty day simple moving average is $37.82 and its 200-day simple moving average is $36.21. The stock has a market capitalization of $10.77 billion, a PE ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 1-year low of $30.54 and a 1-year high of $41.74.

Capital Group Global Growth Equity ETF Company 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.