Royal Bank of Canada Grows Stock Position in Capital Group Global Growth Equity ETF $CGGO

Royal Bank of Canada grew its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 25.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,065,492 shares of the company’s stock after acquiring an additional 833,176 shares during the quarter. Royal Bank of Canada’s holdings in Capital Group Global Growth Equity ETF were worth $135,666,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Brighton Jones LLC purchased a new position in shares of Capital Group Global Growth Equity ETF in the 4th quarter valued at approximately $243,000. Goldman Sachs Group Inc. boosted its stake in Capital Group Global Growth Equity ETF by 84.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 79,640 shares of the company’s stock worth $2,256,000 after purchasing an additional 36,578 shares in the last quarter. JPMorgan Chase & Co. grew its position in Capital Group Global Growth Equity ETF by 1,057.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 211,635 shares of the company’s stock worth $6,766,000 after purchasing an additional 193,351 shares during the last quarter. Marshall Wace LLP purchased a new stake in Capital Group Global Growth Equity ETF during the 2nd quarter worth approximately $1,802,000. Finally, Cerity Partners LLC grew its position in Capital Group Global Growth Equity ETF by 3.3% during the 2nd quarter. Cerity Partners LLC now owns 31,002 shares of the company’s stock worth $992,000 after purchasing an additional 993 shares during the last quarter.

Capital Group Global Growth Equity ETF Trading Up 3.8%

Shares of Capital Group Global Growth Equity ETF stock opened at $39.48 on Friday. The firm’s 50 day simple moving average is $40.56 and its two-hundred day simple moving average is $37.77. The firm has a market capitalization of $11.36 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 12-month low of $31.67 and a 12-month high of $42.88.

Capital Group Global Growth Equity ETF Company 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.