Capital Group Global Growth Equity ETF $CGGO Stake Increased by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 8.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 2,163,698 shares of the company’s stock after acquiring an additional 168,364 shares during the period. Kestra Advisory Services LLC’s holdings in Capital Group Global Growth Equity ETF were worth $86,072,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Provenance Wealth Advisors LLC purchased a new position in Capital Group Global Growth Equity ETF in the third quarter worth $47,000. Sunbelt Securities Inc. increased its stake in Capital Group Global Growth Equity ETF by 91.7% in the first quarter. Sunbelt Securities Inc. now owns 1,449 shares of the company’s stock valued at $48,000 after acquiring an additional 693 shares during the last quarter. CoreCap Advisors LLC raised its position in Capital Group Global Growth Equity ETF by 30.1% during the second quarter. CoreCap Advisors LLC now owns 1,711 shares of the company’s stock valued at $72,000 after purchasing an additional 396 shares in the last quarter. Beacon Financial Strategies CORP purchased a new stake in Capital Group Global Growth Equity ETF during the second quarter valued at about $77,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in Capital Group Global Growth Equity ETF by 27.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,975 shares of the company’s stock valued at $84,000 after purchasing an additional 425 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Down 4.6%

Shares of CGGO stock opened at $36.50 on Friday. The business has a 50-day moving average price of $39.21 and a two-hundred day moving average price of $38.44. Capital Group Global Growth Equity ETF has a 12-month low of $31.94 and a 12-month high of $42.88. The firm has a market cap of $11.31 billion, a P/E ratio of 22.37 and a beta of 1.03.

Capital Group Global Growth Equity ETF 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.