Principal Securities Inc. Acquires 30,833 Shares of Capital Group Global Growth Equity ETF $CGGO

Principal Securities Inc. raised its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 11.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 296,491 shares of the company’s stock after acquiring an additional 30,833 shares during the quarter. Principal Securities Inc. owned approximately 0.12% of Capital Group Global Growth Equity ETF worth $10,273,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CGGO. Brighton Jones LLC bought a new position in shares of Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $243,000. Goldman Sachs Group Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 84.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 79,640 shares of the company’s stock worth $2,256,000 after acquiring an additional 36,578 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Capital Group Global Growth Equity ETF by 1,057.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 211,635 shares of the company’s stock worth $6,766,000 after acquiring an additional 193,351 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Capital Group Global Growth Equity ETF during the 2nd quarter worth approximately $1,802,000. Finally, Cerity Partners LLC grew its stake in shares of Capital Group Global Growth Equity ETF by 3.3% during the 2nd quarter. Cerity Partners LLC now owns 31,002 shares of the company’s stock worth $992,000 after acquiring an additional 993 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Up 4.1%

Shares of CGGO opened at $40.44 on Friday. The stock has a market capitalization of $10.94 billion, a P/E ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a twelve month low of $30.54 and a twelve month high of $41.74. The company has a 50 day moving average of $38.24 and a 200-day moving average of $36.35.

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.