Capital Group Global Growth Equity ETF $CGGO Stock Purchased by Forge Financial Services LLC

Forge Financial Services LLC grew its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 8.3% during the third quarter, Holdings Channel reports. The institutional investor owned 6,233,158 shares of the company’s stock after acquiring an additional 480,294 shares during the period. Capital Group Global Growth Equity ETF makes up about 20.1% of Forge Financial Services LLC’s holdings, making the stock its 3rd largest position. Forge Financial Services LLC’s holdings in Capital Group Global Growth Equity ETF were worth $234,865,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CGGO. Provenance Wealth Advisors LLC bought a new position in shares of Capital Group Global Growth Equity ETF in the third quarter valued at approximately $47,000. Sunbelt Securities Inc. raised its holdings in Capital Group Global Growth Equity ETF by 91.7% during the first quarter. Sunbelt Securities Inc. now owns 1,449 shares of the company’s stock worth $48,000 after purchasing an additional 693 shares in the last quarter. CoreCap Advisors LLC raised its holdings in Capital Group Global Growth Equity ETF by 30.1% during the second quarter. CoreCap Advisors LLC now owns 1,711 shares of the company’s stock worth $72,000 after purchasing an additional 396 shares in the last quarter. Beacon Financial Strategies CORP bought a new stake in Capital Group Global Growth Equity ETF during the second quarter worth approximately $77,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Capital Group Global Growth Equity ETF by 27.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,975 shares of the company’s stock worth $84,000 after purchasing an additional 425 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Down 0.7%

CGGO traded down $0.26 during trading on Friday, reaching $38.06. The stock had a trading volume of 1,196,635 shares, compared to its average volume of 1,282,722. The firm has a market capitalization of $11.87 billion, a price-to-earnings ratio of 17.74 and a beta of 1.03. Capital Group Global Growth Equity ETF has a 1-year low of $31.94 and a 1-year high of $42.88. The stock has a 50 day moving average of $38.94 and a two-hundred day moving average of $38.48.

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.