Meridian Wealth Management LLC Boosts Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Meridian Wealth Management LLC boosted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 0.9% during the 4th quarter, Holdings Channel reports. The firm owned 48,080 shares of the company’s stock after acquiring an additional 425 shares during the period. Meridian Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $1,405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. LPL Financial LLC boosted its position in 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 worth $166,936,000 after purchasing an additional 732,035 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Capital Group Global Growth Equity ETF by 56.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,335,007 shares of the company’s stock worth $39,009,000 after purchasing an additional 480,012 shares during the last quarter. Financial Council LLC boosted its position in Capital Group Global Growth Equity ETF by 4.4% in the fourth quarter. Financial Council LLC now owns 1,285,198 shares of the company’s stock worth $37,553,000 after purchasing an additional 54,488 shares during the last quarter. Arlington Financial Advisors LLC boosted its position in Capital Group Global Growth Equity ETF by 4.6% in the fourth quarter. Arlington Financial Advisors LLC now owns 1,150,330 shares of the company’s stock worth $33,613,000 after purchasing an additional 50,694 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in Capital Group Global Growth Equity ETF in the fourth quarter worth $25,973,000.

Capital Group Global Growth Equity ETF Price Performance

Shares of NYSEARCA CGGO opened at $29.36 on Tuesday. Capital Group Global Growth Equity ETF has a one year low of $26.52 and a one year high of $30.94. The business’s fifty day moving average price is $29.99 and its 200-day moving average price is $29.90. The stock has a market capitalization of $5.14 billion, a PE ratio of 24.83 and a beta of 0.96.

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.