Independent Financial Group LLC Takes Position in Capital Group Global Growth Equity ETF $CGGO

Independent Financial Group LLC acquired a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 58,838 shares of the company’s stock, valued at approximately $1,963,000.

Several other hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC acquired a new position in Capital Group Global Growth Equity ETF in the fourth quarter valued at about $243,000. Goldman Sachs Group Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 84.9% during the first quarter. Goldman Sachs Group Inc. now owns 79,640 shares of the company’s stock worth $2,256,000 after purchasing an additional 36,578 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 1,057.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 211,635 shares of the company’s stock valued at $6,766,000 after purchasing an additional 193,351 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Capital Group Global Growth Equity ETF during the 2nd quarter valued at about $1,802,000. Finally, Cerity Partners LLC grew its position in shares of Capital Group Global Growth Equity ETF by 3.3% in the 2nd quarter. Cerity Partners LLC now owns 31,002 shares of the company’s stock valued at $992,000 after purchasing an additional 993 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA CGGO opened at $39.12 on Monday. The business has a 50 day simple moving average of $40.55 and a 200 day simple moving average of $37.53. Capital Group Global Growth Equity ETF has a 52-week low of $31.67 and a 52-week high of $42.88. The stock has a market cap of $11.24 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01.

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.