NewEdge Advisors LLC raised its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO – Free Report) by 9.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,663,897 shares of the company’s stock after acquiring an additional 147,805 shares during the period. NewEdge Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $55,524,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in Capital Group Global Growth Equity ETF in the fourth quarter worth $243,000. Goldman Sachs Group Inc. increased its stake in shares of Capital Group Global Growth Equity ETF by 84.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 79,640 shares of the company’s stock worth $2,256,000 after acquiring an additional 36,578 shares in the last quarter. JPMorgan Chase & Co. lifted its position in 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 acquiring an additional 193,351 shares during the period. Marshall Wace LLP bought a new stake in Capital Group Global Growth Equity ETF during the second quarter worth about $1,802,000. Finally, Cerity Partners LLC grew its holdings in Capital Group Global Growth Equity ETF by 3.3% in the second quarter. Cerity Partners LLC now owns 31,002 shares of the company’s stock worth $992,000 after purchasing an additional 993 shares during the period.
Capital Group Global Growth Equity ETF Stock Performance
Shares of NYSEARCA CGGO opened at $40.39 on Friday. The company has a 50 day simple moving average of $40.57 and a two-hundred day simple moving average of $37.92. Capital Group Global Growth Equity ETF has a fifty-two week low of $31.94 and a fifty-two week high of $42.88. The company has a market capitalization of $11.69 billion, a price-to-earnings ratio of 22.37 and a beta of 1.02.
Capital Group Global Growth Equity ETF 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.
See Also
- Five stocks we like better than Capital Group Global Growth Equity ETF
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Want to see what other hedge funds are holding CGGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Global Growth Equity ETF (NYSEARCA:CGGO – Free Report).
Receive News & Ratings for Capital Group Global Growth Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Global Growth Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
