Sei Investments Co. Takes $18.56 Million Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Sei Investments Co. acquired a new stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 630,383 shares of the company’s stock, valued at approximately $18,559,000. Sei Investments Co. owned 0.53% of Capital Group Global Growth Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGGO. Capital Group Private Client Services Inc. grew its position in Capital Group Global Growth Equity ETF by 18.7% during the 1st quarter. Capital Group Private Client Services Inc. now owns 12,879,354 shares of the company’s stock worth $370,925,000 after acquiring an additional 2,028,159 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of Capital Group Global Growth Equity ETF by 15.9% during the second quarter. Raymond James & Associates now owns 5,794,398 shares of the company’s stock worth $170,587,000 after purchasing an additional 795,553 shares during the period. LPL Financial LLC grew its stake in shares of Capital Group Global Growth Equity ETF by 11.1% in the second quarter. LPL Financial LLC now owns 4,804,805 shares of the company’s stock worth $141,453,000 after purchasing an additional 478,559 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Capital Group Global Growth Equity ETF by 6.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 4,425,548 shares of the company’s stock worth $130,288,000 after buying an additional 264,056 shares during the last quarter. Finally, 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 purchasing an additional 1,259,552 shares during the period.

Capital Group Global Growth Equity ETF Price Performance

CGGO stock opened at $30.08 on Thursday. Capital Group Global Growth Equity ETF has a 1 year low of $22.08 and a 1 year high of $30.50. The company has a market cap of $3.56 billion, a P/E ratio of 26.27 and a beta of 1.02. The firm has a 50-day moving average of $29.08 and a 200 day moving average of $29.05.

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.