Smartleaf Asset Management LLC Grows Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Smartleaf Asset Management LLC raised its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,847 shares of the company’s stock after buying an additional 16,150 shares during the quarter. Smartleaf Asset Management LLC owned about 0.10% of Capital Group Global Growth Equity ETF worth $3,455,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA grew its holdings in Capital Group Global Growth Equity ETF by 112.8% during the 4th quarter. Private Trust Co. NA now owns 7,039 shares of the company’s stock valued at $206,000 after buying an additional 3,731 shares in the last quarter. A&I Financial Services LLC purchased a new position in Capital Group Global Growth Equity ETF during the 4th quarter valued at approximately $1,371,000. Kovack Advisors Inc. purchased a new position in Capital Group Global Growth Equity ETF during the 4th quarter valued at approximately $247,000. Convergence Financial LLC grew its holdings in Capital Group Global Growth Equity ETF by 7.3% during the 4th quarter. Convergence Financial LLC now owns 31,399 shares of the company’s stock valued at $917,000 after buying an additional 2,126 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc boosted its holdings in shares of Capital Group Global Growth Equity ETF by 1.4% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 47,292 shares of the company’s stock worth $1,382,000 after purchasing an additional 668 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

Shares of Capital Group Global Growth Equity ETF stock opened at $29.66 on Friday. The stock has a market cap of $5.19 billion, a price-to-earnings ratio of 24.83 and a beta of 0.96. The stock has a 50 day moving average price of $30.00 and a 200-day moving average price of $29.90. Capital Group Global Growth Equity ETF has a one year low of $26.52 and a one year high of $30.94.

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.