Modern Wealth Management LLC Invests $1.52 Million in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Modern Wealth Management LLC bought a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 49,602 shares of the company’s stock, valued at approximately $1,516,000.

Several other institutional investors also recently bought and sold shares of CGGO. Raymond James Financial Inc. purchased a new position in Capital Group Global Growth Equity ETF in the 4th quarter worth approximately $358,139,000. LPL Financial LLC grew its holdings in shares of Capital Group Global Growth Equity ETF by 21.8% in the fourth quarter. LPL Financial LLC now owns 6,745,848 shares of the company’s stock worth $197,114,000 after purchasing an additional 1,209,008 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth approximately $25,973,000. Commonwealth Equity Services LLC increased its stake in shares of Capital Group Global Growth Equity ETF by 15.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,904,641 shares of the company’s stock worth $114,094,000 after buying an additional 520,373 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in Capital Group Global Growth Equity ETF by 56.1% during the 4th quarter. Jones Financial Companies Lllp now owns 1,335,007 shares of the company’s stock valued at $39,009,000 after buying an additional 480,012 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Up 0.3 %

Shares of CGGO opened at $29.56 on Wednesday. The stock has a market capitalization of $5.25 billion, a P/E ratio of 24.05 and a beta of 0.97. Capital Group Global Growth Equity ETF has a twelve month low of $26.52 and a twelve month high of $30.94. The firm has a fifty day simple moving average of $29.87 and a two-hundred day simple moving average of $29.86.

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.