NewEdge Advisors LLC Purchases 147,805 Shares of Capital Group Global Growth Equity ETF $CGGO

NewEdge Advisors LLC boosted its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 9.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,663,897 shares of the company’s stock after acquiring an additional 147,805 shares during the period. NewEdge Advisors LLC owned 0.61% of Capital Group Global Growth Equity ETF worth $55,524,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Capital Group Private Client Services Inc. boosted its holdings in shares of Capital Group Global Growth Equity ETF by 4.1% during the fourth quarter. Capital Group Private Client Services Inc. now owns 21,118,680 shares of the company’s stock worth $731,762,000 after purchasing an additional 839,808 shares during the period. Corient Private Wealth LLC lifted its holdings in Capital Group Global Growth Equity ETF by 2,846.3% in the 4th quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock worth $700,335,000 after buying an additional 19,525,691 shares during the period. LPL Financial LLC lifted its holdings in Capital Group Global Growth Equity ETF by 14.9% in the 4th quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock worth $522,134,000 after buying an additional 1,958,085 shares during the period. Raymond James Financial Inc. grew its position in shares of Capital Group Global Growth Equity ETF by 9.3% in the 4th quarter. Raymond James Financial Inc. now owns 13,130,315 shares of the company’s stock worth $454,965,000 after buying an additional 1,121,445 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Capital Group Global Growth Equity ETF by 0.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,053,425 shares of the company’s stock worth $383,001,000 after buying an additional 34,680 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

CGGO opened at $40.39 on Friday. The stock has a market capitalization of $11.69 billion, a PE ratio of 22.37 and a beta of 1.02. The stock’s 50 day moving average price is $40.57 and its 200-day moving average price is $37.92. Capital Group Global Growth Equity ETF has a 52-week low of $31.94 and a 52-week high of $42.88.

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.