Concurrent Investment Advisors LLC Increases Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Concurrent Investment Advisors LLC boosted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 21.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,909 shares of the company’s stock after buying an additional 5,716 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $932,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CGGO. Janney Montgomery Scott LLC purchased a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter valued at approximately $25,973,000. LPL Financial LLC boosted its stake in shares of Capital Group Global Growth Equity ETF by 15.2% in the third quarter. LPL Financial LLC now owns 5,536,840 shares of the company’s stock valued at $166,936,000 after purchasing an additional 732,035 shares during the period. Prospera Financial Services Inc boosted its stake in shares of Capital Group Global Growth Equity ETF by 373.7% in the third quarter. Prospera Financial Services Inc now owns 699,376 shares of the company’s stock valued at $21,086,000 after purchasing an additional 551,749 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Capital Group Global Growth Equity ETF by 2,729.9% in the third quarter. International Assets Investment Management LLC now owns 520,216 shares of the company’s stock valued at $17,254,000 after purchasing an additional 501,833 shares during the period. Finally, Benjamin Edwards Inc. purchased a new position in shares of Capital Group Global Growth Equity ETF in the third quarter valued at approximately $12,648,000.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA CGGO opened at $30.13 on Monday. The firm has a 50 day simple moving average of $30.01 and a 200-day simple moving average of $29.86. Capital Group Global Growth Equity ETF has a one year low of $26.52 and a one year high of $30.94. The firm has a market cap of $3.56 billion, a price-to-earnings 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.