Armstrong Fleming & Moore Inc Acquires New Shares in Capital Group Global Growth Equity ETF $CGGO

Armstrong Fleming & Moore Inc acquired a new stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 43,657 shares of the company’s stock, valued at approximately $1,396,000. Capital Group Global Growth Equity ETF accounts for about 0.8% of Armstrong Fleming & Moore Inc’s investment portfolio, making the stock its 23rd biggest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CX Institutional acquired a new position in Capital Group Global Growth Equity ETF during the 1st quarter valued at approximately $26,000. GAMMA Investing LLC acquired a new position in Capital Group Global Growth Equity ETF during the 1st quarter worth $664,000. Kestra Private Wealth Services LLC acquired a new position in Capital Group Global Growth Equity ETF during the 1st quarter worth $767,000. KWB Wealth boosted its position in Capital Group Global Growth Equity ETF by 44.8% during the 2nd quarter. KWB Wealth now owns 176,010 shares of the company’s stock worth $5,627,000 after acquiring an additional 54,470 shares during the period. Finally, HB Wealth Management LLC boosted its position in Capital Group Global Growth Equity ETF by 15.4% during the 2nd quarter. HB Wealth Management LLC now owns 11,593 shares of the company’s stock worth $371,000 after acquiring an additional 1,543 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

Shares of CGGO stock opened at $34.81 on Thursday. Capital Group Global Growth Equity ETF has a 1 year low of $24.67 and a 1 year high of $34.89. The stock has a fifty day moving average of $33.25 and a two-hundred day moving average of $31.14. The firm has a market capitalization of $7.57 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.