UBS Group AG Purchases 162,049 Shares of Capital Group Global Growth Equity ETF $CGGO

UBS Group AG boosted its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,032,146 shares of the company’s stock after buying an additional 162,049 shares during the period. UBS Group AG owned approximately 1.66% of Capital Group Global Growth Equity ETF worth $139,714,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Group Private Client Services Inc. raised its position in Capital Group Global Growth Equity ETF by 11.3% during the third quarter. Capital Group Private Client Services Inc. now owns 20,278,872 shares of the company’s stock valued at $692,929,000 after purchasing an additional 2,058,313 shares during the period. Raymond James Financial Inc. raised its position in Capital Group Global Growth Equity ETF by 0.6% during the second quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock valued at $385,555,000 after purchasing an additional 71,961 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Capital Group Global Growth Equity ETF by 2.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 11,018,745 shares of the company’s stock valued at $376,511,000 after purchasing an additional 257,982 shares during the period. Envestnet Asset Management Inc. raised its position in Capital Group Global Growth Equity ETF by 29.0% during the third quarter. Envestnet Asset Management Inc. now owns 9,209,394 shares of the company’s stock valued at $314,685,000 after purchasing an additional 2,068,733 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in Capital Group Global Growth Equity ETF by 2.0% during the third quarter. Commonwealth Equity Services LLC now owns 5,113,876 shares of the company’s stock valued at $174,741,000 after purchasing an additional 100,812 shares during the period.

Capital Group Global Growth Equity ETF Price Performance

Shares of CGGO stock opened at $37.55 on Friday. Capital Group Global Growth Equity ETF has a 1 year low of $28.75 and a 1 year high of $37.85. The stock’s 50 day simple moving average is $35.52 and its two-hundred day simple moving average is $35.28. The company has a market cap of $10.09 billion, a PE ratio of 22.37 and a beta of 0.99.

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.