Smith Moore & CO. Purchases New Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Smith Moore & CO. acquired a new position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 157,108 shares of the company’s stock, valued at approximately $4,591,000.

Several other institutional investors have also recently made changes to their positions in CGGO. Forge Financial Services LLC purchased a new position in Capital Group Global Growth Equity ETF in the fourth quarter valued at $22,075,000. Thoroughbred Financial Services LLC increased its stake in shares of Capital Group Global Growth Equity ETF by 41.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 46,258 shares of the company’s stock valued at $1,351,000 after purchasing an additional 13,638 shares in the last quarter. Martin Worley Group purchased a new position in Capital Group Global Growth Equity ETF during the fourth quarter worth approximately $243,000. OneAscent Financial Services LLC acquired a new stake in Capital Group Global Growth Equity ETF in the fourth quarter valued at approximately $4,217,000. Finally, OLD Mission Capital LLC grew its stake in Capital Group Global Growth Equity ETF by 136.2% in the 4th quarter. OLD Mission Capital LLC now owns 331,424 shares of the company’s stock valued at $9,684,000 after acquiring an additional 191,110 shares during the period.

Capital Group Global Growth Equity ETF Trading Down 3.9 %

NYSEARCA:CGGO opened at $27.52 on Friday. Capital Group Global Growth Equity ETF has a 12 month low of $26.52 and a 12 month high of $30.94. The stock has a 50 day moving average of $29.64 and a two-hundred day moving average of $29.83. The firm has a market cap of $4.97 billion, a P/E ratio of 23.85 and a beta of 0.96.

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.