Capital Group Global Growth Equity ETF $CGGO Stock Position Raised by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. raised its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 6.1% in the third quarter, HoldingsChannel reports. The fund owned 247,387 shares of the company’s stock after acquiring an additional 14,225 shares during the period. Confluence Wealth Services Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $9,841,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC lifted its holdings in shares of Capital Group Global Growth Equity ETF by 3.0% during the second quarter. NewEdge Advisors LLC now owns 1,713,417 shares of the company’s stock worth $72,529,000 after buying an additional 49,520 shares in the last quarter. WNY Asset Management LLC bought a new stake in shares of Capital Group Global Growth Equity ETF in the first quarter valued at about $23,784,000. MCF Advisors LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the second quarter valued at about $24,454,000. Waverly Advisors LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the second quarter valued at about $892,000. Finally, Landaas & Co. WI ADV grew its stake in shares of Capital Group Global Growth Equity ETF by 48.1% in the third quarter. Landaas & Co. WI ADV now owns 126,035 shares of the company’s stock valued at $5,014,000 after acquiring an additional 40,915 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA:CGGO opened at $37.99 on Wednesday. Capital Group Global Growth Equity ETF has a 52 week low of $31.94 and a 52 week high of $42.88. The firm has a market cap of $11.83 billion, a price-to-earnings ratio of 17.74 and a beta of 1.03. The firm’s 50-day simple moving average is $39.04 and its 200 day simple moving average is $38.46.

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.