Capital Group Global Growth Equity ETF $CGGO Stock Position Raised by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 107.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 264,126 shares of the company’s stock after purchasing an additional 136,834 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $8,444,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Souders Financial Advisors boosted its position in shares of Capital Group Global Growth Equity ETF by 6.0% in the 2nd quarter. Souders Financial Advisors now owns 330,947 shares of the company’s stock valued at $10,580,000 after purchasing an additional 18,779 shares during the period. Commonwealth Equity Services LLC lifted its stake in Capital Group Global Growth Equity ETF by 3.3% during the second quarter. Commonwealth Equity Services LLC now owns 5,013,064 shares of the company’s stock valued at $160,268,000 after buying an additional 160,219 shares in the last quarter. Moors & Cabot Inc. lifted its stake in Capital Group Global Growth Equity ETF by 4.9% during the second quarter. Moors & Cabot Inc. now owns 22,947 shares of the company’s stock valued at $734,000 after buying an additional 1,078 shares in the last quarter. Balentine LLC boosted its holdings in shares of Capital Group Global Growth Equity ETF by 16.0% in the second quarter. Balentine LLC now owns 185,607 shares of the company’s stock worth $5,934,000 after buying an additional 25,661 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its position in shares of Capital Group Global Growth Equity ETF by 85.6% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,638 shares of the company’s stock worth $84,000 after acquiring an additional 1,217 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

CGGO stock opened at $34.18 on Friday. The firm has a market capitalization of $7.60 billion, a P/E ratio of 22.37 and a beta of 0.96. Capital Group Global Growth Equity ETF has a 52-week low of $24.67 and a 52-week high of $35.60. The company’s 50 day simple moving average is $34.14 and its 200-day simple moving average is $32.25.

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.