CX Institutional Acquires New Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

CX Institutional acquired a new stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 910 shares of the company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its stake in shares of Capital Group Global Growth Equity ETF by 11.7% during the 4th quarter. Larson Financial Group LLC now owns 3,250 shares of the company’s stock worth $95,000 after acquiring an additional 340 shares in the last quarter. Signature Wealth Management Group lifted its holdings in Capital Group Global Growth Equity ETF by 2.4% in the 4th quarter. Signature Wealth Management Group now owns 17,688 shares of the company’s stock worth $517,000 after purchasing an additional 418 shares during the last quarter. Meridian Wealth Management LLC boosted its position in Capital Group Global Growth Equity ETF by 0.9% during the fourth quarter. Meridian Wealth Management LLC now owns 48,080 shares of the company’s stock worth $1,405,000 after purchasing an additional 425 shares during the period. IFP Advisors Inc boosted its position in Capital Group Global Growth Equity ETF by 40.5% during the fourth quarter. IFP Advisors Inc now owns 1,804 shares of the company’s stock worth $53,000 after purchasing an additional 520 shares during the period. Finally, RFG Advisory LLC grew its holdings in Capital Group Global Growth Equity ETF by 6.8% during the first quarter. RFG Advisory LLC now owns 8,856 shares of the company’s stock valued at $251,000 after purchasing an additional 562 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

CGGO stock opened at $30.97 on Thursday. The stock has a market capitalization of $5.94 billion, a price-to-earnings ratio of 23.61 and a beta of 0.96. The company has a 50-day moving average of $29.54 and a two-hundred day moving average of $29.53. Capital Group Global Growth Equity ETF has a 52-week low of $24.67 and a 52-week high of $31.52.

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.