Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Shares Bought by Royal Bank of Canada

Royal Bank of Canada lifted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 28.5% during the fourth quarter, Holdings Channel reports. The fund owned 2,613,111 shares of the company’s stock after purchasing an additional 580,291 shares during the quarter. Royal Bank of Canada’s holdings in Capital Group Global Growth Equity ETF were worth $76,355,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in CGGO. HB Wealth Management LLC purchased a new position in Capital Group Global Growth Equity ETF in the 4th quarter valued at about $206,000. IFP Advisors Inc grew its holdings in shares of Capital Group Global Growth Equity ETF by 40.5% during the fourth quarter. IFP Advisors Inc now owns 1,804 shares of the company’s stock worth $53,000 after buying an additional 520 shares in the last quarter. Truist Financial Corp raised its position in shares of Capital Group Global Growth Equity ETF by 61.3% in the fourth quarter. Truist Financial Corp now owns 54,028 shares of the company’s stock valued at $1,579,000 after buying an additional 20,543 shares during the last quarter. Modern Wealth Management LLC purchased a new position in shares of Capital Group Global Growth Equity ETF during the fourth quarter valued at approximately $1,516,000. Finally, Rothschild Investment LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 17.1% during the fourth quarter. Rothschild Investment LLC now owns 5,810 shares of the company’s stock valued at $170,000 after buying an additional 850 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

CGGO stock opened at $30.56 on Wednesday. The company has a 50 day moving average price of $28.42 and a two-hundred day moving average price of $29.39. The stock has a market capitalization of $5.74 billion, a P/E ratio of 23.61 and a beta of 0.95. Capital Group Global Growth Equity ETF has a one year low of $24.67 and a one year high of $30.94.

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.