Confluence Wealth Services Inc. Has $4.99 Million Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Confluence Wealth Services Inc. increased its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 13.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 162,328 shares of the company’s stock after buying an additional 19,748 shares during the quarter. Confluence Wealth Services Inc. owned 0.14% of Capital Group Global Growth Equity ETF worth $4,990,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates grew its holdings in shares of Capital Group Global Growth Equity ETF by 12.3% during the 3rd quarter. Raymond James & Associates now owns 6,504,689 shares of the company’s stock worth $196,116,000 after purchasing an additional 710,291 shares in the last quarter. LPL Financial LLC lifted 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 period. Commonwealth Equity Services LLC boosted its stake in Capital Group Global Growth Equity ETF by 14.7% during the third quarter. Commonwealth Equity Services LLC now owns 3,384,268 shares of the company’s stock worth $102,036,000 after buying an additional 434,384 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Capital Group Global Growth Equity ETF by 18.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,706,398 shares of the company’s stock valued at $51,448,000 after buying an additional 269,254 shares during the period. Finally, Johnson Bixby & Associates LLC raised its stake in shares of Capital Group Global Growth Equity ETF by 2.7% in the 3rd quarter. Johnson Bixby & Associates LLC now owns 1,324,825 shares of the company’s stock valued at $39,943,000 after buying an additional 35,170 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of Capital Group Global Growth Equity ETF stock opened at $30.20 on Wednesday. Capital Group Global Growth Equity ETF has a twelve month low of $26.52 and a twelve month high of $30.94. The firm has a market cap of $3.57 billion, a P/E ratio of 26.27 and a beta of 1.02. The firm’s 50-day simple moving average is $29.94 and its 200-day simple moving average is $29.66.

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.