Capital Group Global Growth Equity ETF $CGGO Stock: Prime Capital Investment Advisors LLC Lowers Position

Prime Capital Investment Advisors LLC lessened its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 56.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,298 shares of the company’s stock after selling 14,661 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $449,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CGGO. Cetera Investment Advisers grew its position in Capital Group Global Growth Equity ETF by 7.3% during the first quarter. Cetera Investment Advisers now owns 8,296,479 shares of the company’s stock worth $276,854,000 after buying an additional 562,014 shares in the last quarter. Royal Bank of Canada increased its stake in Capital Group Global Growth Equity ETF by 25.8% in the 1st quarter. Royal Bank of Canada now owns 4,065,492 shares of the company’s stock worth $135,666,000 after acquiring an additional 833,176 shares during the last quarter. Bank of America Corp DE increased its stake in Capital Group Global Growth Equity ETF by 15.7% in the 1st quarter. Bank of America Corp DE now owns 4,009,228 shares of the company’s stock worth $133,788,000 after acquiring an additional 543,944 shares during the last quarter. Sei Investments Co. increased its stake in Capital Group Global Growth Equity ETF by 21.0% in the 1st quarter. Sei Investments Co. now owns 1,963,172 shares of the company’s stock worth $65,511,000 after acquiring an additional 340,674 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in Capital Group Global Growth Equity ETF by 3.0% in the 2nd quarter. NewEdge Advisors LLC now owns 1,713,417 shares of the company’s stock worth $72,529,000 after acquiring an additional 49,520 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Down 0.5%

NYSEARCA:CGGO opened at $37.34 on Friday. The business’s 50-day moving average price is $39.73 and its two-hundred day moving average price is $39.62. Capital Group Global Growth Equity ETF has a twelve month low of $31.94 and a twelve month high of $42.88. The stock has a market cap of $11.46 billion, a P/E ratio of 22.37 and a beta of 1.02.

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.