Financial Perspectives Inc Grows Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Financial Perspectives Inc lifted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 6.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,539 shares of the company’s stock after acquiring an additional 1,965 shares during the quarter. Financial Perspectives Inc’s holdings in Capital Group Global Growth Equity ETF were worth $995,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Arlington Financial Advisors LLC lifted its position in shares of Capital Group Global Growth Equity ETF by 1,065.0% in the first quarter. Arlington Financial Advisors LLC now owns 1,061,191 shares of the company’s stock valued at $30,562,000 after acquiring an additional 970,104 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Capital Group Global Growth Equity ETF by 25.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 3,824,052 shares of the company’s stock worth $98,393,000 after purchasing an additional 764,306 shares during the last quarter. Raymond James & Associates boosted its stake in Capital Group Global Growth Equity ETF by 19.8% during the 4th quarter. Raymond James & Associates now owns 4,523,551 shares of the company’s stock worth $116,391,000 after purchasing an additional 746,409 shares during the last quarter. Reliant Wealth Planning grew its holdings in shares of Capital Group Global Growth Equity ETF by 3,305.2% during the fourth quarter. Reliant Wealth Planning now owns 658,088 shares of the company’s stock worth $16,933,000 after buying an additional 638,762 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in shares of Capital Group Global Growth Equity ETF in the fourth quarter valued at about $11,404,000.

Capital Group Global Growth Equity ETF Price Performance

NYSEARCA CGGO traded up $0.30 during trading hours on Thursday, hitting $29.87. 992,263 shares of the company’s stock traded hands, compared to its average volume of 680,624. The company has a market capitalization of $3.53 billion, a PE ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 52-week low of $22.08 and a 52-week high of $30.13. The firm’s 50-day moving average is $29.25 and its 200-day moving average is $27.94.

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.