Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGOGet Free Report) saw strong trading volume on Tuesday . 322,220 shares traded hands during trading, a decline of 52% from the previous session’s volume of 672,402 shares.The stock last traded at $29.23 and had previously closed at $29.38.

Capital Group Global Growth Equity ETF Stock Performance

The company’s 50 day simple moving average is $29.93 and its 200-day simple moving average is $29.51. The firm has a market capitalization of $3.48 billion, a PE ratio of 26.27 and a beta of 1.02.

Institutional Investors Weigh In On Capital Group Global Growth Equity ETF

Large investors have recently added to or reduced their stakes in the business. Thoroughbred Financial Services LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 17.0% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 20,592 shares of the company’s stock valued at $606,000 after acquiring an additional 2,995 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in Capital Group Global Growth Equity ETF by 48.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 47,322 shares of the company’s stock worth $1,393,000 after buying an additional 15,445 shares in the last quarter. First Heartland Consultants Inc. bought a new position in shares of Capital Group Global Growth Equity ETF in the 2nd quarter worth $232,000. Souders Financial Advisors raised its position in shares of Capital Group Global Growth Equity ETF by 3.3% during the 2nd quarter. Souders Financial Advisors now owns 248,961 shares of the company’s stock valued at $7,329,000 after buying an additional 7,977 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV bought a new stake in shares of Capital Group Global Growth Equity ETF during the 2nd quarter worth $350,000.

Capital Group Global Growth Equity ETF Company Profile

(Get Free Report)

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.

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