HB Wealth Management LLC Has $1.47 Million Position in Capital Group Global Growth Equity ETF $CGGO

HB Wealth Management LLC grew its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 56.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,624 shares of the company’s stock after acquiring an additional 12,500 shares during the period. HB Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $1,466,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CGGO. Corient Private Wealth LLC grew its stake in Capital Group Global Growth Equity ETF by 2,846.3% in the fourth quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock valued at $700,335,000 after purchasing an additional 19,525,691 shares in the last quarter. LPL Financial LLC raised its stake in shares of Capital Group Global Growth Equity ETF by 14.9% during the 4th quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock worth $522,134,000 after purchasing an additional 1,958,085 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Capital Group Global Growth Equity ETF by 32.5% during the 4th quarter. Wells Fargo & Company MN now owns 5,847,836 shares of the company’s stock valued at $202,628,000 after buying an additional 1,433,295 shares during the last quarter. Morgan Stanley grew its stake in shares of Capital Group Global Growth Equity ETF by 15.3% in the 4th quarter. Morgan Stanley now owns 9,961,008 shares of the company’s stock valued at $345,149,000 after buying an additional 1,321,604 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 9.3% in the 4th quarter. Raymond James Financial Inc. now owns 13,130,315 shares of the company’s stock valued at $454,965,000 after buying an additional 1,121,445 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA:CGGO opened at $40.27 on Thursday. The company has a market capitalization of $11.66 billion, a P/E ratio of 22.37 and a beta of 1.02. The stock’s 50 day moving average price is $40.28 and its 200 day moving average price is $38.65. Capital Group Global Growth Equity ETF has a 52 week low of $31.94 and a 52 week high of $42.88.

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.