Meridian Wealth Management LLC Has $1.44 Million Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Meridian Wealth Management LLC boosted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 0.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 47,655 shares of the company’s stock after buying an additional 426 shares during the period. Meridian Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $1,437,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Capital Group Global Growth Equity ETF by 4.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,653,479 shares of the company’s stock valued at $225,318,000 after purchasing an additional 326,105 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Capital Group Global Growth Equity ETF by 12.3% in the third quarter. Raymond James & Associates now owns 6,504,689 shares of the company’s stock valued at $196,116,000 after purchasing an additional 710,291 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 15.2% in the third quarter. LPL Financial LLC now owns 5,536,840 shares of the company’s stock valued at $166,936,000 after purchasing an additional 732,035 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Capital Group Global Growth Equity ETF by 6.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 4,425,548 shares of the company’s stock valued at $130,288,000 after purchasing an additional 264,056 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 14.7% in the third quarter. Commonwealth Equity Services LLC now owns 3,384,268 shares of the company’s stock valued at $102,036,000 after purchasing an additional 434,384 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Up 0.2 %

NYSEARCA CGGO opened at $29.72 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 has a market capitalization of $3.52 billion, a PE ratio of 26.27 and a beta of 1.02. The firm’s 50 day moving average is $29.97 and its 200-day moving average is $29.53.

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.