Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Stock Position Raised by Smallwood Wealth Investment Management LLC

Smallwood Wealth Investment Management LLC lifted its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 107,521 shares of the company’s stock after buying an additional 1,173 shares during the period. Capital Group Global Growth Equity ETF comprises 2.1% of Smallwood Wealth Investment Management LLC’s investment portfolio, making the stock its 9th biggest holding. Smallwood Wealth Investment Management LLC owned approximately 0.09% of Capital Group Global Growth Equity ETF worth $3,142,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Sei Investments Co. acquired a new stake in shares of Capital Group Global Growth Equity ETF in the second quarter valued at about $18,559,000. Creative Planning lifted its position in shares of Capital Group Global Growth Equity ETF by 25.9% during the 2nd quarter. Creative Planning now owns 29,691 shares of the company’s stock valued at $874,000 after acquiring an additional 6,104 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Capital Group Global Growth Equity ETF by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,653,479 shares of the company’s stock worth $225,318,000 after acquiring an additional 326,105 shares during the period. NewEdge Advisors LLC increased its stake in Capital Group Global Growth Equity ETF by 13.6% in the 2nd quarter. NewEdge Advisors LLC now owns 701,782 shares of the company’s stock valued at $20,660,000 after purchasing an additional 83,976 shares in the last quarter. Finally, High Falls Advisors Inc acquired a new position in Capital Group Global Growth Equity ETF during the second quarter worth $224,000.

Capital Group Global Growth Equity ETF Stock Performance

CGGO opened at $30.74 on Friday. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a one year low of $26.18 and a one year high of $30.75. The business’s fifty day moving average is $29.83 and its two-hundred day moving average is $29.65.

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.