BNB Wealth Management LLC Makes New Investment in Capital Group Global Growth Equity ETF $CGGO

BNB Wealth Management LLC purchased a new position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 335,837 shares of the company’s stock, valued at approximately $11,637,000. Capital Group Global Growth Equity ETF comprises 7.5% of BNB Wealth Management LLC’s investment portfolio, making the stock its biggest holding. BNB Wealth Management LLC owned about 0.14% of Capital Group Global Growth Equity ETF as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Pflug Koory LLC bought a new position in Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $25,000. Miller Capital Partners Inc. bought a new position in Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $41,000. CoreCap Advisors LLC raised its holdings in Capital Group Global Growth Equity ETF by 35.4% during the 4th quarter. CoreCap Advisors LLC now owns 1,219 shares of the company’s stock worth $42,000 after purchasing an additional 319 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Capital Group Global Growth Equity ETF by 126.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,268 shares of the company’s stock worth $44,000 after purchasing an additional 707 shares during the last quarter. Finally, Huntington National Bank bought a new position in Capital Group Global Growth Equity ETF during the 3rd quarter worth approximately $48,000.

Capital Group Global Growth Equity ETF Stock Down 0.1%

NYSEARCA:CGGO opened at $41.38 on Thursday. The company has a fifty day moving average of $38.83 and a 200-day moving average of $36.55. The firm has a market capitalization of $11.20 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 $42.21.

Capital Group Global Growth Equity ETF 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.