Capital Group Global Growth Equity ETF $CGGO Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 20.0% in the first quarter, HoldingsChannel.com reports. The firm owned 920,621 shares of the company’s stock after acquiring an additional 153,756 shares during the quarter. Assetmark Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $30,721,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Pflug Koory LLC acquired a new position in Capital Group Global Growth Equity ETF during the fourth quarter worth about $25,000. Miller Capital Partners Inc. acquired a new stake in shares of Capital Group Global Growth Equity ETF during the 4th quarter valued at approximately $41,000. CoreCap Advisors LLC lifted its position in shares of 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 valued at $42,000 after acquiring an additional 319 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of 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 acquiring an additional 707 shares in the last quarter. Finally, TD Capital Management LLC purchased a new stake in shares of Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $48,000.

Capital Group Global Growth Equity ETF Price Performance

CGGO opened at $39.12 on Friday. The stock has a market cap of $11.24 billion, a P/E ratio of 22.37 and a beta of 1.01. The stock’s 50 day simple moving average is $40.55 and its 200 day simple moving average is $37.51. Capital Group Global Growth Equity ETF has a 1-year low of $31.67 and a 1-year high of $42.88.

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.