Gutierrez Wealth Advisory LLC Invests $5.77 Million in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Gutierrez Wealth Advisory LLC bought a new position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 197,556 shares of the company’s stock, valued at approximately $5,773,000. Capital Group Global Growth Equity ETF accounts for about 4.8% of Gutierrez Wealth Advisory LLC’s investment portfolio, making the stock its 9th largest holding. Gutierrez Wealth Advisory LLC owned approximately 0.17% of Capital Group Global Growth Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Larson Financial Group LLC raised its position in shares of Capital Group Global Growth Equity ETF by 11.7% during the fourth quarter. Larson Financial Group LLC now owns 3,250 shares of the company’s stock worth $95,000 after purchasing an additional 340 shares during the period. Signature Wealth Management Group raised its position in shares of Capital Group Global Growth Equity ETF by 2.4% during the fourth quarter. Signature Wealth Management Group now owns 17,688 shares of the company’s stock worth $517,000 after purchasing an additional 418 shares during the period. Meridian Wealth Management LLC raised its position in shares of Capital Group Global Growth Equity ETF by 0.9% during the fourth quarter. Meridian Wealth Management LLC now owns 48,080 shares of the company’s stock worth $1,405,000 after purchasing an additional 425 shares during the period. Advance Capital Management Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 1.6% during the fourth quarter. Advance Capital Management Inc. now owns 31,129 shares of the company’s stock worth $910,000 after purchasing an additional 504 shares during the period. Finally, IFP Advisors Inc raised its position in shares of Capital Group Global Growth Equity ETF by 40.5% during the fourth quarter. IFP Advisors Inc now owns 1,804 shares of the company’s stock worth $53,000 after purchasing an additional 520 shares during the period.

Capital Group Global Growth Equity ETF Stock Down 0.3 %

Shares of Capital Group Global Growth Equity ETF stock opened at $29.20 on Friday. The stock’s fifty day moving average is $29.85 and its 200-day moving average is $29.84. The firm has a market capitalization of $5.18 billion, a PE ratio of 24.05 and a beta of 0.97. Capital Group Global Growth Equity ETF has a 12-month low of $26.52 and a 12-month high of $30.94.

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.