Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) is Financial Council LLC’s Largest Position

Financial Council LLC boosted its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 3.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,230,710 shares of the company’s stock after purchasing an additional 39,067 shares during the quarter. Capital Group Global Growth Equity ETF makes up approximately 19.3% of Financial Council LLC’s investment portfolio, making the stock its largest holding. Financial Council LLC owned about 1.04% of Capital Group Global Growth Equity ETF worth $37,106,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in Capital Group Global Growth Equity ETF by 70.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,036,209 shares of the company’s stock valued at $89,386,000 after buying an additional 1,259,552 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Capital Group Global Growth Equity ETF by 331.3% in the first quarter. Cetera Investment Advisers now owns 1,200,076 shares of the company’s stock worth $34,562,000 after buying an additional 921,840 shares during the last quarter. Raymond James & Associates increased its position in shares of Capital Group Global Growth Equity ETF by 15.9% in the 2nd quarter. Raymond James & Associates now owns 5,794,398 shares of the company’s stock valued at $170,587,000 after acquiring an additional 795,553 shares during the period. LPL Financial LLC raised its stake in Capital Group Global Growth Equity ETF by 15.2% in the 3rd quarter. LPL Financial LLC now owns 5,536,840 shares of the company’s stock worth $166,936,000 after acquiring an additional 732,035 shares during the last quarter. Finally, Sei Investments Co. acquired a new stake in Capital Group Global Growth Equity ETF during the 2nd quarter worth about $18,559,000.

Capital Group Global Growth Equity ETF Stock Up 0.2 %

Capital Group Global Growth Equity ETF stock opened at $29.72 on Friday. Capital Group Global Growth Equity ETF has a 52 week low of $24.43 and a 52 week high of $30.72. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. The stock has a 50-day moving average price of $29.97 and a 200 day moving average price of $29.53.

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.