Kingswood Wealth Advisors LLC Buys 96,315 Shares of Capital Group Global Growth Equity ETF $CGGO

Kingswood Wealth Advisors LLC raised its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 1,273.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 103,881 shares of the company’s stock after purchasing an additional 96,315 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $3,599,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGGO. Envestnet Asset Management Inc. lifted its position in Capital Group Global Growth Equity ETF by 29.0% in the third quarter. Envestnet Asset Management Inc. now owns 9,209,394 shares of the company’s stock valued at $314,685,000 after purchasing an additional 2,068,733 shares during the last quarter. Capital Group Private Client Services Inc. lifted its position in Capital Group Global Growth Equity ETF by 11.3% in the third quarter. Capital Group Private Client Services Inc. now owns 20,278,872 shares of the company’s stock valued at $692,929,000 after purchasing an additional 2,058,313 shares during the last quarter. Bank of America Corp DE lifted its position in Capital Group Global Growth Equity ETF by 38.5% in the third quarter. Bank of America Corp DE now owns 3,166,163 shares of the company’s stock valued at $108,188,000 after purchasing an additional 880,874 shares during the last quarter. BIP Wealth LLC bought a new stake in Capital Group Global Growth Equity ETF in the fourth quarter valued at approximately $23,656,000. Finally, Jones Financial Companies Lllp lifted its position in Capital Group Global Growth Equity ETF by 21.5% in the third quarter. Jones Financial Companies Lllp now owns 3,578,414 shares of the company’s stock valued at $121,096,000 after purchasing an additional 632,392 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of CGGO stock opened at $37.35 on Thursday. Capital Group Global Growth Equity ETF has a fifty-two week low of $27.65 and a fifty-two week high of $37.85. The stock has a 50 day moving average price of $35.40 and a two-hundred day moving average price of $35.17. The company has a market capitalization of $9.97 billion, a P/E ratio of 22.37 and a beta of 0.99.

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.