Royal Bank of Canada grew its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO – Get Rating) by 321.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 476,602 shares of the company’s stock after acquiring an additional 363,526 shares during the period. Royal Bank of Canada owned about 1.37% of Capital Group Global Growth Equity ETF worth $8,912,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in CGGO. EverSource Wealth Advisors LLC purchased a new position in Capital Group Global Growth Equity ETF in the third quarter worth $29,000. SeaCrest Wealth Management LLC purchased a new stake in Capital Group Global Growth Equity ETF during the second quarter worth about $43,000. Captrust Financial Advisors acquired a new position in Capital Group Global Growth Equity ETF during the first quarter worth about $194,000. Rockefeller Capital Management L.P. purchased a new position in Capital Group Global Growth Equity ETF in the third quarter valued at about $155,000. Finally, IFP Advisors Inc lifted its position in shares of Capital Group Global Growth Equity ETF by 87.4% during the 3rd quarter. IFP Advisors Inc now owns 8,707 shares of the company’s stock valued at $212,000 after acquiring an additional 4,060 shares during the period.
Capital Group Global Growth Equity ETF Price Performance
CGGO opened at $21.67 on Friday. Capital Group Global Growth Equity ETF has a 1-year low of $18.23 and a 1-year high of $25.25. The stock has a market cap of $1.14 billion, a P/E ratio of 18.64 and a beta of 0.97. The stock’s 50 day simple moving average is $22.33 and its 200 day simple moving average is $21.08.
About Capital Group Global Growth Equity ETF
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.
Further Reading
- Get a free copy of the StockNews.com research report on Capital Group Global Growth Equity ETF (CGGO)
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