Capital Group Global Growth Equity ETF $CGGO Stock: Code Waechter LLC Boosts Position

Code Waechter LLC increased its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 138.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 174,434 shares of the company’s stock after acquiring an additional 101,264 shares during the period. Capital Group Global Growth Equity ETF accounts for about 3.4% of Code Waechter LLC’s holdings, making the stock its 7th largest position. Code Waechter LLC’s holdings in Capital Group Global Growth Equity ETF were worth $6,939,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers boosted its holdings in Capital Group Global Growth Equity ETF by 7.3% during the 1st quarter. Cetera Investment Advisers now owns 8,296,479 shares of the company’s stock valued at $276,854,000 after acquiring an additional 562,014 shares during the period. Royal Bank of Canada grew its position in Capital Group Global Growth Equity ETF by 25.8% in the 1st quarter. Royal Bank of Canada now owns 4,065,492 shares of the company’s stock valued at $135,666,000 after acquiring an additional 833,176 shares in the last quarter. Bank of America Corp DE grew its position in Capital Group Global Growth Equity ETF by 15.7% in the 1st quarter. Bank of America Corp DE now owns 4,009,228 shares of the company’s stock valued at $133,788,000 after acquiring an additional 543,944 shares in the last quarter. NewEdge Advisors LLC increased its stake in Capital Group Global Growth Equity ETF by 3.0% during the second quarter. NewEdge Advisors LLC now owns 1,713,417 shares of the company’s stock worth $72,529,000 after purchasing an additional 49,520 shares during the period. Finally, Sei Investments Co. increased its stake in Capital Group Global Growth Equity ETF by 21.0% during the first quarter. Sei Investments Co. now owns 1,963,172 shares of the company’s stock worth $65,511,000 after purchasing an additional 340,674 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

Shares of CGGO opened at $37.34 on Friday. The stock has a market capitalization of $11.46 billion, a PE ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 1 year low of $31.94 and a 1 year high of $42.88. The company’s 50-day simple moving average is $39.73 and its 200-day simple moving average is $39.62.

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.