Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Sets New 12-Month High – Here’s Why

Capital Group Global Growth Equity ETF (NYSEARCA:CGGOGet Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as $37.98 and last traded at $37.73, with a volume of 188714 shares traded. The stock had previously closed at $37.55.

Capital Group Global Growth Equity ETF Trading Up 0.2%

The company has a market capitalization of $10.19 billion, a PE ratio of 22.37 and a beta of 1.01. The stock’s 50-day moving average is $35.52 and its two-hundred day moving average is $35.29.

Institutional Trading of Capital Group Global Growth Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pflug Koory LLC purchased a new stake in Capital Group Global Growth Equity ETF in the 4th quarter worth about $25,000. Miller Capital Partners Inc. purchased a new stake in Capital Group Global Growth Equity ETF in the 4th quarter worth about $41,000. CoreCap Advisors LLC raised its position in Capital Group Global Growth Equity ETF by 35.4% in the 4th quarter. CoreCap Advisors LLC now owns 1,219 shares of the company’s stock worth $42,000 after purchasing an additional 319 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in Capital Group Global Growth Equity ETF by 126.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,268 shares of the company’s stock worth $44,000 after purchasing an additional 707 shares during the period. Finally, TD Capital Management LLC purchased a new stake in Capital Group Global Growth Equity ETF in the 4th quarter worth about $48,000.

About Capital Group Global Growth Equity ETF

(Get Free Report)

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.

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