Geneos Wealth Management Inc. Raises Stock Holdings in Capital Group Global Growth Equity ETF $CGGO

Geneos Wealth Management Inc. boosted its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 34.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 121,579 shares of the company’s stock after buying an additional 31,389 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $4,057,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Corient Private Wealth LLC increased its position in shares of 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 boosted its holdings in shares of Capital Group Global Growth Equity ETF by 14.9% during the fourth quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock worth $522,134,000 after purchasing an additional 1,958,085 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Capital Group Global Growth Equity ETF by 32.5% during the fourth quarter. Wells Fargo & Company MN now owns 5,847,836 shares of the company’s stock worth $202,628,000 after purchasing an additional 1,433,295 shares during the period. Morgan Stanley grew its stake in shares of Capital Group Global Growth Equity ETF by 15.3% in the fourth quarter. Morgan Stanley now owns 9,961,008 shares of the company’s stock worth $345,149,000 after purchasing an additional 1,321,604 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of 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 during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of NYSEARCA:CGGO opened at $39.41 on Friday. The stock’s 50-day moving average is $40.56 and its 200 day moving average is $37.50. The company has a market cap of $11.20 billion, a PE ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 1 year low of $31.67 and a 1 year high of $42.88.

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.