Lincoln Capital LLC Buys Shares of 9,219 Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Lincoln Capital LLC purchased a new position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,219 shares of the company’s stock, valued at approximately $269,000.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC increased its holdings 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 purchasing an additional 732,035 shares in the last quarter. Raymond James & Associates increased its stake in shares of Capital Group Global Growth Equity ETF by 12.3% in the third quarter. Raymond James & Associates now owns 6,504,689 shares of the company’s stock valued at $196,116,000 after buying an additional 710,291 shares during the period. Sei Investments Co. bought a new position in Capital Group Global Growth Equity ETF in the 2nd quarter valued at approximately $18,559,000. Cetera Investment Advisers raised its holdings in Capital Group Global Growth Equity ETF by 47.6% in the 2nd quarter. Cetera Investment Advisers now owns 1,771,095 shares of the company’s stock valued at $52,141,000 after buying an additional 571,019 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its position in Capital Group Global Growth Equity ETF by 373.7% during the 3rd quarter. Prospera Financial Services Inc now owns 699,376 shares of the company’s stock worth $21,086,000 after buying an additional 551,749 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

Shares of NYSEARCA CGGO opened at $29.87 on Monday. The firm has a 50 day moving average price of $29.80 and a two-hundred day moving average price of $29.63. The stock has a market cap of $3.53 billion, a P/E ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 52-week low of $25.48 and a 52-week 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.