Capital Group Global Growth Equity ETF $CGGO Stock Position Raised by MAI Capital Management

MAI Capital Management increased its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 2.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 217,306 shares of the company’s stock after acquiring an additional 5,080 shares during the quarter. MAI Capital Management owned approximately 0.12% of Capital Group Global Growth Equity ETF worth $6,156,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of CGGO. CX Institutional purchased a new position in Capital Group Global Growth Equity ETF in the 1st quarter worth about $26,000. US Bancorp DE boosted its holdings in shares of Capital Group Global Growth Equity ETF by 115.7% in the first quarter. US Bancorp DE now owns 1,512 shares of the company’s stock worth $43,000 after buying an additional 811 shares during the period. Allworth Financial LP increased its position in shares of Capital Group Global Growth Equity ETF by 58.2% in the first quarter. Allworth Financial LP now owns 2,172 shares of the company’s stock worth $61,000 after acquiring an additional 799 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of Capital Group Global Growth Equity ETF by 31.2% during the first quarter. IFP Advisors Inc now owns 2,367 shares of the company’s stock valued at $67,000 after acquiring an additional 563 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Capital Group Global Growth Equity ETF by 51.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,901 shares of the company’s stock valued at $82,000 after acquiring an additional 980 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Capital Group Global Growth Equity ETF stock opened at $32.73 on Tuesday. Capital Group Global Growth Equity ETF has a 52 week low of $24.67 and a 52 week high of $33.05. The firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of 22.37 and a beta of 0.99. The company has a 50 day moving average price of $32.35 and a 200 day moving average price of $30.35.

Capital Group Global Growth Equity ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, July 1st. Stockholders of record on Monday, June 30th were given a $0.304 dividend. The ex-dividend date of this dividend was Monday, June 30th.

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.