Vestmark Advisory Solutions Inc. Buys 7,766 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Vestmark Advisory Solutions Inc. grew its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 6.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,292 shares of the company’s stock after buying an additional 7,766 shares during the period. Vestmark Advisory Solutions Inc. owned 0.07% of Capital Group Global Growth Equity ETF worth $3,606,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Capital Group Private Client Services Inc. increased its position 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 buying an additional 949,472 shares during the period. LPL Financial LLC increased its position in shares of Capital Group Global Growth Equity ETF by 33.9% during the first quarter. LPL Financial LLC now owns 9,035,420 shares of the company’s stock valued at $255,973,000 after buying an additional 2,289,572 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Capital Group Global Growth Equity ETF by 18.4% in the first quarter. Envestnet Asset Management Inc. now owns 5,709,329 shares of the company’s stock worth $161,745,000 after purchasing an additional 885,476 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Capital Group Global Growth Equity ETF by 24.3% in the first quarter. Commonwealth Equity Services LLC now owns 4,852,845 shares of the company’s stock worth $137,481,000 after purchasing an additional 948,204 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Capital Group Global Growth Equity ETF by 15.7% in the first quarter. Cetera Investment Advisers now owns 3,218,957 shares of the company’s stock worth $91,193,000 after purchasing an additional 436,832 shares during the last quarter.

Capital Group Global Growth Equity ETF Trading Up 0.1%

CGGO stock opened at $32.92 on Friday. The company’s 50 day moving average is $31.98 and its 200 day moving average is $30.17. The stock has a market cap of $6.80 billion, a price-to-earnings ratio of 22.37 and a beta of 0.99. Capital Group Global Growth Equity ETF has a 1-year low of $24.67 and a 1-year high of $32.99.

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.