Founders Financial Securities LLC Buys 41,115 Shares of Capital Group Global Growth Equity ETF $CGGO

Founders Financial Securities LLC grew its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 32.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,533 shares of the company’s stock after buying an additional 41,115 shares during the quarter. Founders Financial Securities LLC’s holdings in Capital Group Global Growth Equity ETF were worth $6,071,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Nations Financial Group Inc. IA ADV raised its stake in shares of Capital Group Global Growth Equity ETF by 45.1% in the first quarter. Nations Financial Group Inc. IA ADV now owns 38,089 shares of the company’s stock worth $1,271,000 after buying an additional 11,845 shares during the period. Weatherly Asset Management L. P. grew its stake in shares of Capital Group Global Growth Equity ETF by 0.8% during the 1st quarter. Weatherly Asset Management L. P. now owns 33,609 shares of the company’s stock valued at $1,122,000 after acquiring an additional 276 shares during the period. J. Derek Lewis & Associates Inc. bought a new position in shares of Capital Group Global Growth Equity ETF during the 4th quarter valued at approximately $20,245,000. Rockefeller Capital Management L.P. increased its holdings in Capital Group Global Growth Equity ETF by 60.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 166,190 shares of the company’s stock worth $5,758,000 after acquiring an additional 62,320 shares in the last quarter. Finally, World Investment Advisors increased its holdings in Capital Group Global Growth Equity ETF by 87.3% in the 4th quarter. World Investment Advisors now owns 52,215 shares of the company’s stock worth $1,809,000 after acquiring an additional 24,332 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA CGGO opened at $42.45 on Friday. Capital Group Global Growth Equity ETF has a 12 month low of $30.54 and a 12 month high of $42.57. The stock has a market cap of $11.49 billion, a price-to-earnings ratio of 22.37 and a beta of 1.02. The company’s 50 day moving average is $39.13 and its two-hundred day moving average is $36.65.

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.