Park Avenue Securities LLC Takes $563,000 Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Park Avenue Securities LLC bought a new position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 18,663 shares of the company’s stock, valued at approximately $563,000.

Several other hedge funds and other institutional investors have also bought and sold shares of CGGO. Silvia Mccoll Wealth Management LLC purchased a new stake in Capital Group Global Growth Equity ETF during the third quarter valued at about $3,536,000. Sanctuary Advisors LLC bought a new stake in shares of Capital Group Global Growth Equity ETF in the 2nd quarter valued at about $1,106,000. Kestra Investment Management LLC purchased a new stake in Capital Group Global Growth Equity ETF during the 2nd quarter valued at about $3,279,000. Souders Financial Advisors grew its position in Capital Group Global Growth Equity ETF by 3.3% during the 2nd quarter. Souders Financial Advisors now owns 248,961 shares of the company’s stock worth $7,329,000 after acquiring an additional 7,977 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake 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 worth $52,141,000 after purchasing an additional 571,019 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA:CGGO opened at $30.49 on Friday. Capital Group Global Growth Equity ETF has a fifty-two week low of $22.08 and a fifty-two week high of $30.61. The firm has a market cap of $3.61 billion, a PE ratio of 26.27 and a beta of 1.02. The business has a 50 day moving average price of $29.41 and a 200-day moving average price of $29.18.

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.