Stonebridge Financial Group LLC Raises Stake in Capital Group Global Growth Equity ETF $CGGO

Stonebridge Financial Group LLC grew its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 10.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 507,591 shares of the company’s stock after purchasing an additional 49,462 shares during the period. Capital Group Global Growth Equity ETF comprises 1.4% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 20th largest position. Stonebridge Financial Group LLC’s holdings in Capital Group Global Growth Equity ETF were worth $20,192,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CGGO. Corient Private Wealth LLC raised its holdings in Capital Group Global Growth Equity ETF by 2,846.3% in the 4th quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock worth $700,335,000 after acquiring an additional 19,525,691 shares during the last quarter. LPL Financial LLC boosted its stake in Capital Group Global Growth Equity ETF by 14.9% during the 4th quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock valued at $522,134,000 after purchasing an additional 1,958,085 shares during the last quarter. Capital Group Private Client Services Inc. boosted its stake in Capital Group Global Growth Equity ETF by 4.1% during the 4th quarter. Capital Group Private Client Services Inc. now owns 21,118,680 shares of the company’s stock valued at $731,762,000 after purchasing an additional 839,808 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Capital Group Global Growth Equity ETF by 25.8% in the 1st quarter. Royal Bank of Canada now owns 4,065,492 shares of the company’s stock worth $135,666,000 after purchasing an additional 833,176 shares in the last quarter. Finally, WNY Asset Management LLC bought a new stake in shares of Capital Group Global Growth Equity ETF in the 1st quarter worth $23,784,000.

Capital Group Global Growth Equity ETF Stock Performance

Shares of CGGO stock traded down $0.08 during mid-day trading on Thursday, hitting $39.70. The company’s stock had a trading volume of 1,068,666 shares, compared to its average volume of 1,285,432. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 52-week low of $31.94 and a 52-week high of $42.88. The business has a 50-day moving average price of $40.13 and a 200 day moving average price of $39.06.

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.