Capital Group Global Growth Equity ETF $CGGO Shares Bought by KWB Wealth

KWB Wealth raised its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 29.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 488,425 shares of the company’s stock after buying an additional 111,537 shares during the period. Capital Group Global Growth Equity ETF makes up approximately 1.8% of KWB Wealth’s holdings, making the stock its 16th largest holding. KWB Wealth’s holdings in Capital Group Global Growth Equity ETF were worth $20,675,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Weatherly Asset Management L. P. increased its stake in Capital Group Global Growth Equity ETF by 0.8% in the 1st quarter. Weatherly Asset Management L. P. now owns 33,609 shares of the company’s stock valued at $1,122,000 after purchasing an additional 276 shares in the last quarter. Synergy Investment Management LLC raised its stake in shares of Capital Group Global Growth Equity ETF by 2.5% during the 4th quarter. Synergy Investment Management LLC now owns 12,025 shares of the company’s stock worth $417,000 after buying an additional 290 shares during the last quarter. Cibc World Market Inc. raised its stake in shares of Capital Group Global Growth Equity ETF by 4.3% during the 4th quarter. Cibc World Market Inc. now owns 7,849 shares of the company’s stock worth $272,000 after buying an additional 325 shares during the last quarter. Trinity Wealth Management LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 3.6% in the 2nd quarter. Trinity Wealth Management LLC now owns 9,360 shares of the company’s stock worth $396,000 after buying an additional 328 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 10.6% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 3,647 shares of the company’s stock worth $126,000 after buying an additional 350 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

CGGO stock opened at $40.50 on Tuesday. The company’s 50 day simple moving average is $40.54 and its 200-day simple moving average is $37.99. The firm has a market capitalization of $11.72 billion, a PE ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 12 month low of $31.94 and a 12 month high of $42.88.

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.