Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Holdings Raised by Bank of America Corp DE

Bank of America Corp DE lifted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,583,011 shares of the company’s stock after purchasing an additional 112,475 shares during the quarter. Bank of America Corp DE’s holdings in Capital Group Global Growth Equity ETF were worth $46,256,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Capital Group Private Client Services Inc. raised its stake in shares of Capital Group Global Growth Equity ETF by 6.3% during the fourth quarter. Capital Group Private Client Services Inc. now owns 16,007,890 shares of the company’s stock valued at $467,751,000 after purchasing an additional 949,472 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Capital Group Global Growth Equity ETF in the fourth quarter worth about $358,139,000. LPL Financial LLC raised its position in Capital Group Global Growth Equity ETF by 21.8% in the fourth quarter. LPL Financial LLC now owns 6,745,848 shares of the company’s stock worth $197,114,000 after acquiring an additional 1,209,008 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Capital Group Global Growth Equity ETF by 17.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,823,853 shares of the company’s stock worth $140,953,000 after acquiring an additional 731,424 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in Capital Group Global Growth Equity ETF by 15.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,904,641 shares of the company’s stock worth $114,094,000 after acquiring an additional 520,373 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Up 0.1%

Shares of Capital Group Global Growth Equity ETF stock opened at $30.20 on Thursday. The company’s 50-day moving average price is $28.27 and its two-hundred day moving average price is $29.37. Capital Group Global Growth Equity ETF has a 52 week low of $24.67 and a 52 week high of $30.94. The stock has a market cap of $5.59 billion, a PE ratio of 22.23 and a beta of 0.96.

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.