Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Stock Position Boosted by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC grew its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,489,971 shares of the company’s stock after acquiring an additional 107,931 shares during the quarter. Capital Group Global Growth Equity ETF comprises 7.2% of Johnson Bixby & Associates LLC’s holdings, making the stock its 4th largest position. Johnson Bixby & Associates LLC owned 1.97% of Capital Group Global Growth Equity ETF worth $38,337,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Professional Financial Advisors LLC increased its holdings in shares of Capital Group Global Growth Equity ETF by 1.9% in the fourth quarter. Professional Financial Advisors LLC now owns 32,065 shares of the company’s stock valued at $825,000 after purchasing an additional 599 shares during the last quarter. Procyon Advisors LLC increased its holdings in shares of Capital Group Global Growth Equity ETF by 23.1% in the fourth quarter. Procyon Advisors LLC now owns 32,105 shares of the company’s stock valued at $826,000 after purchasing an additional 6,031 shares during the last quarter. J Arnold Wealth Management Co acquired a new stake in shares of Capital Group Global Growth Equity ETF in the fourth quarter valued at approximately $222,000. HBW Advisory Services LLC increased its holdings in shares of Capital Group Global Growth Equity ETF by 7.9% in the fourth quarter. HBW Advisory Services LLC now owns 73,426 shares of the company’s stock valued at $1,889,000 after purchasing an additional 5,392 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of Capital Group Global Growth Equity ETF by 25.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 3,824,052 shares of the company’s stock valued at $98,393,000 after purchasing an additional 764,306 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of NYSEARCA:CGGO traded up $0.04 during midday trading on Wednesday, hitting $28.85. The company had a trading volume of 718,613 shares, compared to its average volume of 616,635. Capital Group Global Growth Equity ETF has a twelve month low of $22.08 and a twelve month high of $29.05. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 18.64 and a beta of 0.99. The business’s 50-day simple moving average is $27.59 and its 200-day simple moving average is $25.34.

Capital Group Global Growth Equity ETF Company 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.