Capital Group Global Growth Equity ETF $CGGO Shares Purchased by Balentine LLC

Balentine LLC lifted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 16.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 185,607 shares of the company’s stock after purchasing an additional 25,661 shares during the quarter. Capital Group Global Growth Equity ETF makes up 0.2% of Balentine LLC’s portfolio, making the stock its 24th largest holding. Balentine LLC’s holdings in Capital Group Global Growth Equity ETF were worth $5,934,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of CGGO. Brighton Jones LLC bought a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth $243,000. DAVENPORT & Co LLC grew its stake in shares of Capital Group Global Growth Equity ETF by 3.5% in the first quarter. DAVENPORT & Co LLC now owns 106,500 shares of the company’s stock worth $3,017,000 after purchasing an additional 3,639 shares in the last quarter. Private Trust Co. NA raised its position in shares of Capital Group Global Growth Equity ETF by 93.9% during the 1st quarter. Private Trust Co. NA now owns 13,650 shares of the company’s stock worth $387,000 after buying an additional 6,611 shares in the last quarter. Mutual Advisors LLC raised its position in shares of Capital Group Global Growth Equity ETF by 4.9% during the 1st quarter. Mutual Advisors LLC now owns 172,898 shares of the company’s stock worth $4,910,000 after buying an additional 8,137 shares in the last quarter. Finally, Royal Harbor Partners LLC raised its position in shares of Capital Group Global Growth Equity ETF by 86.6% during the 1st quarter. Royal Harbor Partners LLC now owns 517,374 shares of the company’s stock worth $14,657,000 after buying an additional 240,157 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Down 0.1%

CGGO stock opened at $34.91 on Friday. Capital Group Global Growth Equity ETF has a 52 week low of $24.67 and a 52 week high of $35.60. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 22.37 and a beta of 0.96. The firm’s 50-day moving average is $33.97 and its two-hundred day moving average is $31.99.

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.