Oppenheimer & Co. Inc. Increases Holdings in Capital Group Global Growth Equity ETF $CGGO

Oppenheimer & Co. Inc. grew its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 85.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 45,312 shares of the company’s stock after acquiring an additional 20,918 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $1,570,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Investment Planning Advisors Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 1.5% during the 4th quarter. Investment Planning Advisors Inc. now owns 19,883 shares of the company’s stock valued at $689,000 after buying an additional 295 shares in the last quarter. Financial Security Advisor Inc. raised its position in shares of Capital Group Global Growth Equity ETF by 1.9% during the 3rd quarter. Financial Security Advisor Inc. now owns 17,107 shares of the company’s stock valued at $585,000 after buying an additional 316 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of Capital Group Global Growth Equity ETF by 35.4% during the 4th quarter. CoreCap Advisors LLC now owns 1,219 shares of the company’s stock valued at $42,000 after buying an additional 319 shares in the last quarter. Northwest Financial Advisors raised its position in shares of Capital Group Global Growth Equity ETF by 0.6% during the 4th quarter. Northwest Financial Advisors now owns 60,384 shares of the company’s stock valued at $2,092,000 after buying an additional 354 shares in the last quarter. Finally, Signature Wealth Management Group raised its position in shares of Capital Group Global Growth Equity ETF by 2.0% during the 4th quarter. Signature Wealth Management Group now owns 19,735 shares of the company’s stock valued at $684,000 after buying an additional 392 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Up 1.8%

Shares of NYSEARCA CGGO opened at $38.29 on Wednesday. The firm’s 50-day moving average price is $35.55 and its 200-day moving average price is $35.32. The stock has a market capitalization of $10.36 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 12-month low of $28.95 and a 12-month high of $38.42.

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.