US Bancorp DE Boosts Stake in Capital Group Global Growth Equity ETF $CGGO

US Bancorp DE increased its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 115.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,512 shares of the company’s stock after purchasing an additional 811 shares during the period. US Bancorp DE’s holdings in Capital Group Global Growth Equity ETF were worth $43,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in CGGO. Harbour Investments Inc. raised its holdings in shares of Capital Group Global Growth Equity ETF by 10.5% in the 1st quarter. Harbour Investments Inc. now owns 220,327 shares of the company’s stock valued at $6,242,000 after purchasing an additional 20,871 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 3.7% in the 1st quarter. Natixis Advisors LLC now owns 198,216 shares of the company’s stock valued at $5,615,000 after purchasing an additional 7,094 shares in the last quarter. Financial Management Network Inc. raised its holdings in shares of Capital Group Global Growth Equity ETF by 6.9% in the 1st quarter. Financial Management Network Inc. now owns 179,982 shares of the company’s stock valued at $5,099,000 after purchasing an additional 11,590 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 33.9% in the 1st quarter. LPL Financial LLC now owns 9,035,420 shares of the company’s stock valued at $255,973,000 after purchasing an additional 2,289,572 shares in the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 42.6% in the 1st quarter. HB Wealth Management LLC now owns 10,050 shares of the company’s stock valued at $285,000 after purchasing an additional 3,000 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Down 0.8%

Shares of CGGO opened at $32.67 on Wednesday. Capital Group Global Growth Equity ETF has a twelve month low of $24.67 and a twelve month high of $32.99. The firm’s fifty day simple moving average is $32.05 and its 200-day simple moving average is $30.21. The firm has a market capitalization of $6.75 billion, a price-to-earnings ratio of 22.37 and a beta of 0.99.

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.