Independent Financial Group LLC Makes New $1.96 Million Investment in Capital Group Global Growth Equity ETF $CGGO

Independent Financial Group LLC purchased a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the 1st quarter, Holdings Channel.com reports. The firm purchased 58,838 shares of the company’s stock, valued at approximately $1,963,000.

Other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC grew its holdings in shares of Capital Group Global Growth Equity ETF by 2,846.3% during the fourth quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock worth $700,335,000 after buying an additional 19,525,691 shares in the last quarter. LPL Financial LLC lifted its stake in Capital Group Global Growth Equity ETF by 14.9% in the 4th quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock valued at $522,134,000 after acquiring an additional 1,958,085 shares in the last quarter. Wells Fargo & Company MN boosted its position in Capital Group Global Growth Equity ETF by 32.5% during the 4th quarter. Wells Fargo & Company MN now owns 5,847,836 shares of the company’s stock worth $202,628,000 after acquiring an additional 1,433,295 shares during the last quarter. Morgan Stanley boosted its position in Capital Group Global Growth Equity ETF by 15.3% during the 4th quarter. Morgan Stanley now owns 9,961,008 shares of the company’s stock worth $345,149,000 after acquiring an additional 1,321,604 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 9.3% during the 4th quarter. Raymond James Financial Inc. now owns 13,130,315 shares of the company’s stock worth $454,965,000 after acquiring an additional 1,121,445 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of CGGO opened at $39.12 on Monday. Capital Group Global Growth Equity ETF has a twelve month low of $31.67 and a twelve month high of $42.88. The stock has a market capitalization of $11.24 billion, a P/E ratio of 22.37 and a beta of 1.01. The company has a 50 day moving average of $40.55 and a 200-day moving average of $37.53.

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.