Envestnet Portfolio Solutions Inc. Boosts Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Envestnet Portfolio Solutions Inc. grew its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 32.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,855 shares of the company’s stock after buying an additional 42,014 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.14% of Capital Group Global Growth Equity ETF worth $4,963,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CGGO. Wintrust Investments LLC lifted its position in shares of Capital Group Global Growth Equity ETF by 98.2% during the 4th quarter. Wintrust Investments LLC now owns 1,578 shares of the company’s stock valued at $46,000 after buying an additional 782 shares in the last quarter. First Horizon Advisors Inc. raised its stake in Capital Group Global Growth Equity ETF by 894.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,621 shares of the company’s stock valued at $49,000 after purchasing an additional 1,458 shares during the period. IFP Advisors Inc raised its stake in Capital Group Global Growth Equity ETF by 40.5% during the 4th quarter. IFP Advisors Inc now owns 1,804 shares of the company’s stock valued at $53,000 after purchasing an additional 520 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Capital Group Global Growth Equity ETF by 40.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,921 shares of the company’s stock valued at $56,000 after purchasing an additional 557 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in Capital Group Global Growth Equity ETF by 73.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,303 shares of the company’s stock valued at $67,000 after purchasing an additional 972 shares during the period.

Capital Group Global Growth Equity ETF Trading Down 0.5 %

Shares of CGGO opened at $29.06 on Wednesday. The business’s 50 day moving average is $29.87 and its 200 day moving average is $29.85. The company has a market capitalization of $5.16 billion, a PE ratio of 24.05 and a beta of 0.97. Capital Group Global Growth Equity ETF has a 12-month low of $26.52 and a 12-month high of $30.94.

About Capital Group Global Growth Equity ETF

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.