Merit Financial Group LLC Acquires 634 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Merit Financial Group LLC increased its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 0.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 178,947 shares of the company’s stock after acquiring an additional 634 shares during the period. Merit Financial Group LLC’s holdings in Capital Group Global Growth Equity ETF were worth $5,229,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Souders Financial Advisors increased its stake in Capital Group Global Growth Equity ETF by 3.3% in the second quarter. Souders Financial Advisors now owns 248,961 shares of the company’s stock worth $7,329,000 after purchasing an additional 7,977 shares during the period. Cetera Investment Advisers grew its holdings in shares of Capital Group Global Growth Equity ETF by 47.6% in the second quarter. Cetera Investment Advisers now owns 1,771,095 shares of the company’s stock worth $52,141,000 after purchasing an additional 571,019 shares during the last quarter. Park Avenue Securities LLC bought a new position in shares of Capital Group Global Growth Equity ETF in the third quarter worth about $563,000. Northwestern Mutual Wealth Management Co. increased its stake in Capital Group Global Growth Equity ETF by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,653,479 shares of the company’s stock worth $225,318,000 after buying an additional 326,105 shares during the period. Finally, Creative Planning lifted its holdings in Capital Group Global Growth Equity ETF by 25.9% during the 2nd quarter. Creative Planning now owns 29,691 shares of the company’s stock valued at $874,000 after buying an additional 6,104 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Capital Group Global Growth Equity ETF stock opened at $29.87 on Friday. The stock has a market cap of $3.53 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. The firm has a 50-day moving average of $29.80 and a two-hundred day moving average of $29.63. Capital Group Global Growth Equity ETF has a 1 year low of $25.48 and a 1 year high of $30.72.

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.