J. Derek Lewis & Associates Inc. purchased a new position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 584,262 shares of the company’s stock, valued at approximately $20,245,000. Capital Group Global Growth Equity ETF accounts for approximately 4.7% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 5th largest position.
Several other large investors have also recently added to or reduced their stakes in CGGO. Rockefeller Capital Management L.P. raised its position in Capital Group Global Growth Equity ETF by 60.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 166,190 shares of the company’s stock valued at $5,758,000 after purchasing an additional 62,320 shares during the period. World Investment Advisors lifted its stake in shares of Capital Group Global Growth Equity ETF by 87.3% during the fourth quarter. World Investment Advisors now owns 52,215 shares of the company’s stock worth $1,809,000 after purchasing an additional 24,332 shares in the last quarter. Advisortrust Partners LLC purchased a new stake in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth about $237,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth about $202,000. Finally, Oak Grove Capital LLC purchased a new stake in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth about $246,000.
Capital Group Global Growth Equity ETF Stock Performance
CGGO stock opened at $42.45 on Friday. Capital Group Global Growth Equity ETF has a 1 year low of $30.54 and a 1 year high of $42.57. The firm has a market cap of $11.49 billion, a P/E ratio of 22.37 and a beta of 1.02. The stock has a 50-day simple moving average of $39.13 and a 200-day simple moving average of $36.65.
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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