BIP Wealth LLC Invests $23.66 Million in Capital Group Global Growth Equity ETF $CGGO

BIP Wealth LLC acquired a new position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 682,727 shares of the company’s stock, valued at approximately $23,656,000. Capital Group Global Growth Equity ETF accounts for about 0.8% of BIP Wealth LLC’s portfolio, making the stock its 24th largest holding. BIP Wealth LLC owned approximately 0.28% of Capital Group Global Growth Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. American Financial Advisors LLC lifted its holdings in shares of Capital Group Global Growth Equity ETF by 223.6% during the 3rd quarter. American Financial Advisors LLC now owns 23,768 shares of the company’s stock worth $812,000 after acquiring an additional 16,424 shares during the period. Clarity Wealth Advisors LLC increased its position in shares of Capital Group Global Growth Equity ETF by 5.5% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 301,261 shares of the company’s stock worth $10,294,000 after purchasing an additional 15,829 shares in the last quarter. Frazier Financial Advisors LLC increased its position in shares of Capital Group Global Growth Equity ETF by 192.1% during the 3rd quarter. Frazier Financial Advisors LLC now owns 353,941 shares of the company’s stock worth $12,094,000 after purchasing an additional 232,777 shares in the last quarter. Arlington Financial Advisors LLC increased its position in shares of Capital Group Global Growth Equity ETF by 3.9% during the 4th quarter. Arlington Financial Advisors LLC now owns 1,400,492 shares of the company’s stock worth $48,527,000 after purchasing an additional 52,375 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Capital Group Global Growth Equity ETF by 227.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 83,256 shares of the company’s stock worth $2,845,000 after purchasing an additional 57,844 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Up 0.4%

Shares of Capital Group Global Growth Equity ETF stock opened at $34.28 on Wednesday. The stock has a market capitalization of $8.99 billion, a P/E ratio of 22.37 and a beta of 0.98. The company has a 50-day simple moving average of $35.30 and a 200 day simple moving average of $34.98. Capital Group Global Growth Equity ETF has a 12-month low of $24.96 and a 12-month high of $37.10.

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.