Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Stake Lifted by Arlington Financial Advisors LLC

Arlington Financial Advisors LLC lifted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 1,065.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,061,191 shares of the company’s stock after buying an additional 970,104 shares during the period. Capital Group Global Growth Equity ETF makes up 6.7% of Arlington Financial Advisors LLC’s holdings, making the stock its 2nd biggest position. Arlington Financial Advisors LLC owned 1.40% of Capital Group Global Growth Equity ETF worth $30,562,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Mariner LLC raised its position in Capital Group Global Growth Equity ETF by 7.9% in the third quarter. Mariner LLC now owns 56,240 shares of the company’s stock valued at $1,289,000 after purchasing an additional 4,101 shares during the period. Stifel Financial Corp grew its stake in shares of Capital Group Global Growth Equity ETF by 6.3% in the third quarter. Stifel Financial Corp now owns 418,648 shares of the company’s stock worth $9,596,000 after acquiring an additional 24,745 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 82.5% in the third quarter. Harbour Investments Inc. now owns 47,826 shares of the company’s stock worth $1,096,000 after acquiring an additional 21,619 shares in the last quarter. Raleigh Capital Management Inc. acquired a new position in shares of Capital Group Global Growth Equity ETF in the third quarter worth $29,000. Finally, Signature Wealth Management Group acquired a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth $372,000.

Capital Group Global Growth Equity ETF Stock Performance

Shares of NYSEARCA:CGGO traded down $0.06 during trading on Friday, hitting $29.44. The company’s stock had a trading volume of 767,425 shares, compared to its average volume of 677,512. The business has a 50 day moving average price of $29.14 and a two-hundred day moving average price of $27.85. The company has a market capitalization of $3.48 billion, a PE ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a fifty-two week low of $22.08 and a fifty-two week high of $30.13.

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.