Merit Financial Group LLC Purchases 13,383 Shares of Capital Group Global Growth Equity ETF $CGGO

Merit Financial Group LLC grew its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 12.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,033 shares of the company’s stock after purchasing an additional 13,383 shares during the period. Merit Financial Group LLC’s holdings in Capital Group Global Growth Equity ETF were worth $3,965,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. CX Institutional bought a new stake in Capital Group Global Growth Equity ETF during the first quarter valued at $26,000. US Bancorp DE raised its holdings in shares of Capital Group Global Growth Equity ETF by 115.7% in the 1st quarter. US Bancorp DE now owns 1,512 shares of the company’s stock valued at $43,000 after acquiring an additional 811 shares in the last quarter. Allworth Financial LP boosted its position in shares of Capital Group Global Growth Equity ETF by 58.2% during the 1st quarter. Allworth Financial LP now owns 2,172 shares of the company’s stock valued at $61,000 after acquiring an additional 799 shares during the last quarter. IFP Advisors Inc grew 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 worth $67,000 after purchasing an additional 563 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC bought a new position in shares of Capital Group Global Growth Equity ETF in the first quarter worth approximately $90,000.

Capital Group Global Growth Equity ETF Price Performance

Shares of CGGO opened at $34.77 on Tuesday. Capital Group Global Growth Equity ETF has a 1-year low of $24.67 and a 1-year high of $34.89. The company has a market capitalization of $7.57 billion, a P/E ratio of 22.37 and a beta of 0.99. The firm’s 50 day simple moving average is $33.15 and its 200 day simple moving average is $31.09.

About Capital Group Global Growth Equity ETF

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.