Ameriflex Group Inc. Raises Stake in Capital Group Global Growth Equity ETF $CGGO

Ameriflex Group Inc. grew its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 13.3% in the second quarter, Holdings Channel reports. The firm owned 7,142 shares of the company’s stock after acquiring an additional 841 shares during the period. Ameriflex Group Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $228,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group Global Growth Equity ETF by 5.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 10,746,718 shares of the company’s stock valued at $304,455,000 after purchasing an additional 601,927 shares during the period. LPL Financial LLC lifted its stake in Capital Group Global Growth Equity ETF by 33.9% in the first quarter. LPL Financial LLC now owns 9,035,420 shares of the company’s stock worth $255,973,000 after acquiring an additional 2,289,572 shares during the period. Envestnet Asset Management Inc. lifted its stake in Capital Group Global Growth Equity ETF by 18.4% in the first quarter. Envestnet Asset Management Inc. now owns 5,709,329 shares of the company’s stock worth $161,745,000 after acquiring an additional 885,476 shares during the period. Commonwealth Equity Services LLC lifted its stake in Capital Group Global Growth Equity ETF by 24.3% in the first quarter. Commonwealth Equity Services LLC now owns 4,852,845 shares of the company’s stock worth $137,481,000 after acquiring an additional 948,204 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Capital Group Global Growth Equity ETF by 15.7% in the first quarter. Cetera Investment Advisers now owns 3,218,957 shares of the company’s stock worth $91,193,000 after acquiring an additional 436,832 shares during the period.

Capital Group Global Growth Equity ETF Price Performance

NYSEARCA:CGGO opened at $34.76 on Friday. Capital Group Global Growth Equity ETF has a 1-year low of $24.67 and a 1-year high of $34.88. The company has a 50-day moving average of $33.11 and a 200 day moving average of $31.03. The firm has a market cap of $7.54 billion, a PE ratio of 22.37 and a beta of 0.99.

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.