Financial Council LLC Has $51.40 Million Stake in Capital Group Global Growth Equity ETF $CGGO

Financial Council LLC boosted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,483,388 shares of the company’s stock after purchasing an additional 81,683 shares during the period. Capital Group Global Growth Equity ETF accounts for about 20.5% of Financial Council LLC’s investment portfolio, making the stock its biggest holding. Financial Council LLC owned 0.61% of Capital Group Global Growth Equity ETF worth $51,399,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Capital Group Private Client Services Inc. boosted its position in Capital Group Global Growth Equity ETF by 11.3% during the third quarter. Capital Group Private Client Services Inc. now owns 20,278,872 shares of the company’s stock valued at $692,929,000 after purchasing an additional 2,058,313 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Capital Group Global Growth Equity ETF by 0.6% in the second quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock valued at $385,555,000 after buying an additional 71,961 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Capital Group Global Growth Equity ETF by 2.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 11,018,745 shares of the company’s stock valued at $376,511,000 after buying an additional 257,982 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Capital Group Global Growth Equity ETF by 29.0% in the third quarter. Envestnet Asset Management Inc. now owns 9,209,394 shares of the company’s stock valued at $314,685,000 after buying an additional 2,068,733 shares during the last quarter. Finally, UBS Group AG lifted its position in shares of Capital Group Global Growth Equity ETF by 4.2% in the fourth quarter. UBS Group AG now owns 4,032,146 shares of the company’s stock valued at $139,714,000 after buying an additional 162,049 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Up 1.2%

CGGO opened at $39.71 on Thursday. Capital Group Global Growth Equity ETF has a 12-month low of $29.82 and a 12-month high of $40.04. The stock has a market cap of $10.75 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01. The business has a 50 day moving average of $35.89 and a 200-day moving average of $35.53.

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.