HB Wealth Management LLC Purchases Shares of 7,050 Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

HB Wealth Management LLC purchased a new position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,050 shares of the company’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CGGO. Creative Planning raised its position in shares of Capital Group Global Growth Equity ETF by 25.9% during the 2nd quarter. Creative Planning now owns 29,691 shares of the company’s stock valued at $874,000 after buying an additional 6,104 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group Global Growth Equity ETF by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,653,479 shares of the company’s stock worth $225,318,000 after purchasing an additional 326,105 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Capital Group Global Growth Equity ETF by 13.6% during the 2nd quarter. NewEdge Advisors LLC now owns 701,782 shares of the company’s stock valued at $20,660,000 after purchasing an additional 83,976 shares during the last quarter. High Falls Advisors Inc purchased a new position in shares of Capital Group Global Growth Equity ETF during the 2nd quarter valued at about $224,000. Finally, Hershey Financial Advisers LLC bought a new stake in shares of Capital Group Global Growth Equity ETF in the 2nd quarter worth approximately $55,000.

Capital Group Global Growth Equity ETF Price Performance

CGGO opened at $30.84 on Friday. The stock’s 50 day simple moving average is $29.86 and its 200 day simple moving average is $29.65. The firm has a market cap of $3.65 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 1 year low of $26.20 and a 1 year high of $30.94.

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.