Pinnacle Bancorp Inc. Boosts Stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Pinnacle Bancorp Inc. grew its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 33.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,000 shares of the company’s stock after purchasing an additional 500 shares during the period. Pinnacle Bancorp Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $58,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Raymond James & Associates boosted its holdings in Capital Group Global Growth Equity ETF by 19.8% in the fourth quarter. Raymond James & Associates now owns 4,523,551 shares of the company’s stock valued at $116,391,000 after purchasing an additional 746,409 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Capital Group Global Growth Equity ETF by 25.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 3,824,052 shares of the company’s stock worth $98,393,000 after buying an additional 764,306 shares during the last quarter. UBS Group AG grew its holdings in Capital Group Global Growth Equity ETF by 6.1% during the fourth quarter. UBS Group AG now owns 3,225,544 shares of the company’s stock worth $82,993,000 after acquiring an additional 184,039 shares during the period. Commonwealth Equity Services LLC grew its holdings in Capital Group Global Growth Equity ETF by 15.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,421,893 shares of the company’s stock worth $62,315,000 after acquiring an additional 327,454 shares during the period. Finally, Johnson Bixby & Associates LLC raised its position in Capital Group Global Growth Equity ETF by 7.8% during the fourth quarter. Johnson Bixby & Associates LLC now owns 1,489,971 shares of the company’s stock valued at $38,337,000 after acquiring an additional 107,931 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Down 0.9 %

Capital Group Global Growth Equity ETF stock opened at $29.43 on Friday. The firm has a market cap of $3.48 billion, a PE ratio of 26.27 and a beta of 1.02. The stock’s 50 day simple moving average is $29.14 and its two-hundred day simple moving average is $27.83. Capital Group Global Growth Equity ETF has a 12 month low of $22.08 and a 12 month high of $30.13.

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.