Capital Group Global Growth Equity ETF $CGGO Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 2,846.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,211,701 shares of the company’s stock after purchasing an additional 19,525,691 shares during the period. Corient Private Wealth LLC owned approximately 8.28% of Capital Group Global Growth Equity ETF worth $700,335,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Capital Group Private Client Services Inc. raised its stake in shares of Capital Group Global Growth Equity ETF by 4.1% in the fourth quarter. Capital Group Private Client Services Inc. now owns 21,118,680 shares of the company’s stock valued at $731,762,000 after acquiring an additional 839,808 shares in the last quarter. LPL Financial LLC increased its holdings in Capital Group Global Growth Equity ETF by 14.9% during the 4th quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock worth $522,134,000 after purchasing an additional 1,958,085 shares during the period. Raymond James Financial Inc. raised its position in Capital Group Global Growth Equity ETF by 9.3% in the 4th quarter. Raymond James Financial Inc. now owns 13,130,315 shares of the company’s stock valued at $454,965,000 after purchasing an additional 1,121,445 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group Global Growth Equity ETF by 0.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,053,425 shares of the company’s stock valued at $383,001,000 after buying an additional 34,680 shares during the period. Finally, Morgan Stanley boosted its stake in shares of Capital Group Global Growth Equity ETF by 15.3% in the 4th quarter. Morgan Stanley now owns 9,961,008 shares of the company’s stock valued at $345,149,000 after buying an additional 1,321,604 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

CGGO stock opened at $42.45 on Friday. The company’s 50 day moving average price is $38.99 and its 200 day moving average price is $36.61. The firm has a market capitalization of $11.49 billion, a price-to-earnings ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a fifty-two week low of $30.54 and a fifty-two week high of $42.57.

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.