WNY Asset Management LLC Makes New $23.78 Million Investment in Capital Group Global Growth Equity ETF $CGGO

WNY Asset Management LLC purchased a new stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 712,726 shares of the company’s stock, valued at approximately $23,784,000. Capital Group Global Growth Equity ETF accounts for about 2.5% of WNY Asset Management LLC’s investment portfolio, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. J. Derek Lewis & Associates Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 12.4% in the first quarter. J. Derek Lewis & Associates Inc. now owns 656,978 shares of the company’s stock valued at $21,954,000 after purchasing an additional 72,716 shares during the period. Western Wealth Management LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 31.2% in the first quarter. Western Wealth Management LLC now owns 36,618 shares of the company’s stock worth $1,222,000 after buying an additional 8,708 shares during the last quarter. Mascagni Wealth Management Inc. boosted its holdings in shares of Capital Group Global Growth Equity ETF by 14.2% during the 1st quarter. Mascagni Wealth Management Inc. now owns 44,761 shares of the company’s stock worth $1,494,000 after buying an additional 5,568 shares during the period. Bank of America Corp DE boosted its holdings in shares of Capital Group Global Growth Equity ETF by 15.7% during the 1st quarter. Bank of America Corp DE now owns 4,009,228 shares of the company’s stock worth $133,788,000 after buying an additional 543,944 shares during the period. Finally, Arkadios Wealth Advisors grew its stake in Capital Group Global Growth Equity ETF by 2.5% in the 1st quarter. Arkadios Wealth Advisors now owns 75,228 shares of the company’s stock valued at $2,510,000 after buying an additional 1,869 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of CGGO opened at $39.50 on Friday. The company has a market capitalization of $11.37 billion, a PE ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a one year low of $31.67 and a one year high of $42.88. The company’s fifty day moving average price is $40.56 and its 200 day moving average price is $37.79.

Capital Group Global Growth Equity ETF Company 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.