Founders Financial Securities LLC Purchases 8,927 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Founders Financial Securities LLC lifted its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 26.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,631 shares of the company’s stock after acquiring an additional 8,927 shares during the quarter. Founders Financial Securities LLC owned approximately 0.06% of Capital Group Global Growth Equity ETF worth $1,228,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Advance Capital Management Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 3.5% during the first quarter. Advance Capital Management Inc. now owns 13,636 shares of the company’s stock worth $393,000 after purchasing an additional 467 shares during the period. Pinnacle Bancorp Inc. grew its stake in Capital Group Global Growth Equity ETF by 33.3% in the first quarter. Pinnacle Bancorp Inc. now owns 2,000 shares of the company’s stock valued at $58,000 after acquiring an additional 500 shares during the period. Professional Financial Advisors LLC grew its stake in Capital Group Global Growth Equity ETF by 1.9% in the fourth quarter. Professional Financial Advisors LLC now owns 32,065 shares of the company’s stock valued at $825,000 after acquiring an additional 599 shares during the period. LexAurum Advisors LLC grew its stake in Capital Group Global Growth Equity ETF by 8.9% in the first quarter. LexAurum Advisors LLC now owns 9,362 shares of the company’s stock valued at $270,000 after acquiring an additional 767 shares during the period. Finally, Financial Advocates Investment Management grew its stake in Capital Group Global Growth Equity ETF by 1.8% in the fourth quarter. Financial Advocates Investment Management now owns 45,990 shares of the company’s stock valued at $1,183,000 after acquiring an additional 801 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA:CGGO traded down $0.06 on Friday, reaching $29.44. The company’s stock had a trading volume of 767,425 shares, compared to its average volume of 677,512. Capital Group Global Growth Equity ETF has a 1-year low of $22.08 and a 1-year high of $30.13. The firm has a market cap of $3.48 billion, a PE ratio of 26.27 and a beta of 1.02. The business’s 50-day moving average price is $29.14 and its two-hundred day moving average price is $27.85.

Capital Group Global Growth Equity ETF Company 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.