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

BIP Wealth LLC raised its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 4.9% in the first quarter, HoldingsChannel reports. The firm owned 715,977 shares of the company’s stock after acquiring an additional 33,250 shares during the period. Capital Group Global Growth Equity ETF makes up 1.0% of BIP Wealth LLC’s investment portfolio, making the stock its 18th largest position. BIP Wealth LLC’s holdings in Capital Group Global Growth Equity ETF were worth $23,892,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGGO. Pflug Koory LLC acquired a new position in shares of Capital Group Global Growth Equity ETF during the fourth quarter worth approximately $25,000. Miller Capital Partners Inc. bought a new stake in Capital Group Global Growth Equity ETF during the 4th quarter valued at $41,000. CoreCap Advisors LLC boosted its position 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 acquiring an additional 319 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 126.0% in the fourth 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 in the last quarter. Finally, TD Capital Management LLC acquired a new position in shares of Capital Group Global Growth Equity ETF during the fourth quarter valued at $48,000.

Capital Group Global Growth Equity ETF Price Performance

Shares of NYSEARCA CGGO opened at $40.77 on Friday. The stock has a market cap of $11.51 billion, a P/E ratio of 22.37 and a beta of 1.01. The firm’s 50-day simple moving average is $40.06 and its 200 day simple moving average is $37.12. Capital Group Global Growth Equity ETF has a fifty-two week low of $31.67 and a fifty-two week high of $42.88.

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.