D.A. Davidson & CO. Buys 126,620 Shares of Capital Group Global Growth Equity ETF $CGGO

D.A. Davidson & CO. grew its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 18.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 794,813 shares of the company’s stock after acquiring an additional 126,620 shares during the period. D.A. Davidson & CO.’s holdings in Capital Group Global Growth Equity ETF were worth $25,410,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CGGO. LPL Financial LLC raised its stake 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 acquiring an additional 2,289,572 shares in the last quarter. Focus Partners Wealth bought a new stake in shares of Capital Group Global Growth Equity ETF during the first quarter valued at approximately $27,335,000. Commonwealth Equity Services LLC raised its stake in shares of Capital Group Global Growth Equity ETF by 24.3% during the first quarter. Commonwealth Equity Services LLC now owns 4,852,845 shares of the company’s stock valued at $137,481,000 after acquiring an additional 948,204 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Global Growth Equity ETF by 18.4% during the first quarter. Envestnet Asset Management Inc. now owns 5,709,329 shares of the company’s stock valued at $161,745,000 after acquiring an additional 885,476 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of Capital Group Global Growth Equity ETF by 47.1% during the first quarter. Jones Financial Companies Lllp now owns 1,963,522 shares of the company’s stock valued at $55,803,000 after acquiring an additional 628,515 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Capital Group Global Growth Equity ETF stock opened at $34.67 on Wednesday. The company has a 50 day moving average price of $33.61 and a 200-day moving average price of $31.53. Capital Group Global Growth Equity ETF has a fifty-two week low of $24.67 and a fifty-two week high of $34.89. The company has a market capitalization of $7.60 billion, a PE ratio of 22.37 and a beta of 0.99.

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.