Capital Group Global Growth Equity ETF (NYSEARCA:CGGO – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 110,935 shares, a decline of 68.8% from the June 15th total of 355,907 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,450,149 shares, the short-interest ratio is currently 0.1 days.
Capital Group Global Growth Equity ETF Price Performance
Shares of NYSEARCA CGGO traded down $0.12 during trading hours on Friday, reaching $41.00. The stock had a trading volume of 897,000 shares, compared to its average volume of 1,335,330. The company has a market cap of $11.66 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a twelve month low of $31.67 and a twelve month high of $42.88. The business’s fifty day moving average is $40.44 and its two-hundred day moving average is $37.35.
Hedge Funds Weigh In On Capital Group Global Growth Equity ETF
Hedge funds have recently made changes to their positions in the business. Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 4.1% during the 4th quarter. Capital Group Private Client Services Inc. now owns 21,118,680 shares of the company’s stock worth $731,762,000 after acquiring an additional 839,808 shares during the period. Corient Private Wealth LLC increased its stake in Capital Group Global Growth Equity ETF by 2,846.3% in the fourth quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock valued at $700,335,000 after acquiring an additional 19,525,691 shares during the period. LPL Financial LLC increased its stake in 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 valued at $522,134,000 after acquiring an additional 1,958,085 shares during the period. Raymond James Financial Inc. raised its position in Capital Group Global Growth Equity ETF by 9.3% in the fourth quarter. Raymond James Financial Inc. now owns 13,130,315 shares of the company’s stock worth $454,965,000 after purchasing an additional 1,121,445 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Capital Group Global Growth Equity ETF by 0.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,053,425 shares of the company’s stock worth $383,001,000 after purchasing an additional 34,680 shares in the last quarter.
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.
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