Mayflower Financial Advisors LLC Boosts Stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Mayflower Financial Advisors LLC grew its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 11.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,715 shares of the company’s stock after purchasing an additional 1,004 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $275,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CX Institutional acquired a new position in shares of Capital Group Global Growth Equity ETF in the first quarter valued at approximately $26,000. Allworth Financial LP increased its holdings in shares of Capital Group Global Growth Equity ETF by 58.2% in the 1st quarter. Allworth Financial LP now owns 2,172 shares of the company’s stock worth $61,000 after acquiring an additional 799 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in 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 buying an additional 980 shares in the last quarter. Pinnacle Bancorp Inc. boosted its position in shares of Capital Group Global Growth Equity ETF by 12.5% during the 1st quarter. Pinnacle Bancorp Inc. now owns 4,500 shares of the company’s stock valued at $127,000 after purchasing an additional 500 shares in the last quarter. Finally, Ameriflex Group Inc. acquired a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth about $167,000.

Capital Group Global Growth Equity ETF Price Performance

NYSEARCA CGGO opened at $32.26 on Friday. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of 22.37 and a beta of 0.99. The company has a 50 day simple moving average of $31.12 and a 200-day simple moving average of $29.78. Capital Group Global Growth Equity ETF has a 52-week low of $24.67 and a 52-week high of $32.32.

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.