LPL Financial LLC Buys 732,035 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

LPL Financial LLC boosted its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,536,840 shares of the company’s stock after acquiring an additional 732,035 shares during the quarter. LPL Financial LLC’s holdings in Capital Group Global Growth Equity ETF were worth $166,936,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGO. ZRC Wealth Management LLC bought a new stake in shares of Capital Group Global Growth Equity ETF in the second quarter valued at about $26,000. Ashton Thomas Private Wealth LLC bought a new stake in Capital Group Global Growth Equity ETF in the 2nd quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Capital Group Global Growth Equity ETF in the 2nd quarter valued at approximately $31,000. First Horizon Advisors Inc. boosted its position in Capital Group Global Growth Equity ETF by 894.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,621 shares of the company’s stock worth $49,000 after acquiring an additional 1,458 shares during the last quarter. Finally, Hershey Financial Advisers LLC bought a new position in shares of Capital Group Global Growth Equity ETF during the 2nd quarter worth approximately $55,000.

Capital Group Global Growth Equity ETF Stock Up 0.5 %

Shares of CGGO stock opened at $29.66 on Friday. Capital Group Global Growth Equity ETF has a 12 month low of $24.43 and a 12 month high of $30.72. The company’s fifty day simple moving average is $29.96 and its 200-day simple moving average is $29.52. The firm has a market cap of $3.51 billion, a PE ratio of 26.27 and a beta of 1.02.

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.