Lincoln National Corp Boosts Stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Lincoln National Corp increased its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 326,937 shares of the company’s stock after buying an additional 16,503 shares during the period. Lincoln National Corp’s holdings in Capital Group Global Growth Equity ETF were worth $8,412,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CGGO. Signaturefd LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth $29,000. Raleigh Capital Management Inc. purchased a new position in Capital Group Global Growth Equity ETF in the third quarter valued at $29,000. Pinnacle Bancorp Inc. grew its stake in Capital Group Global Growth Equity ETF by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock worth $39,000 after purchasing an additional 900 shares in the last quarter. Global Retirement Partners LLC increased its holdings in Capital Group Global Growth Equity ETF by 170.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,625 shares of the company’s stock worth $41,000 after purchasing an additional 1,025 shares during the period. Finally, Spire Wealth Management acquired a new stake in Capital Group Global Growth Equity ETF in the 4th quarter valued at about $51,000.

Capital Group Global Growth Equity ETF Price Performance

Shares of Capital Group Global Growth Equity ETF stock traded up $0.06 on Tuesday, reaching $28.70. 788,540 shares of the company were exchanged, compared to its average volume of 670,955. The stock’s 50 day moving average price is $28.31 and its 200-day moving average price is $26.35. Capital Group Global Growth Equity ETF has a 1-year low of $22.08 and a 1-year high of $29.05. The company has a market cap of $3.40 billion, a P/E ratio of 26.27 and a beta of 1.02.

About Capital Group Global Growth Equity ETF

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.