Private Client Services LLC Acquires New Position in Capital Group Global Growth Equity ETF $CGGO

Private Client Services LLC bought a new position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the 2nd quarter, Holdings Channel reports. The fund bought 12,879 shares of the company’s stock, valued at approximately $545,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Corient Private Wealth LLC lifted its holdings in Capital Group Global Growth Equity ETF by 2,846.3% during the fourth quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock valued at $700,335,000 after purchasing an additional 19,525,691 shares in the last quarter. LPL Financial LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 14.9% in the fourth quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock worth $522,134,000 after purchasing an additional 1,958,085 shares during the period. Wells Fargo & Company MN increased its stake in shares of Capital Group Global Growth Equity ETF by 32.5% in the fourth quarter. Wells Fargo & Company MN now owns 5,847,836 shares of the company’s stock worth $202,628,000 after purchasing an additional 1,433,295 shares in the last quarter. Morgan Stanley raised its position in shares of Capital Group Global Growth Equity ETF by 15.3% during the 4th quarter. Morgan Stanley now owns 9,961,008 shares of the company’s stock valued at $345,149,000 after purchasing an additional 1,321,604 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 9.3% during the 4th quarter. Raymond James Financial Inc. now owns 13,130,315 shares of the company’s stock valued at $454,965,000 after purchasing an additional 1,121,445 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

Shares of Capital Group Global Growth Equity ETF stock opened at $39.91 on Tuesday. The company has a market capitalization of $11.55 billion, a P/E ratio of 22.37 and a beta of 1.01. The company has a fifty day moving average of $40.57 and a 200 day moving average of $37.82. Capital Group Global Growth Equity ETF has a fifty-two week low of $31.94 and a fifty-two week high of $42.88.

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.