Souders Financial Advisors Raises Stake in Capital Group Global Growth Equity ETF $CGGO

Souders Financial Advisors increased its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 3.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 351,463 shares of the company’s stock after buying an additional 13,335 shares during the quarter. Capital Group Global Growth Equity ETF accounts for approximately 1.4% of Souders Financial Advisors’ portfolio, making the stock its 20th largest holding. Souders Financial Advisors owned 0.14% of Capital Group Global Growth Equity ETF worth $12,178,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Investment Planning Advisors Inc. boosted its holdings in shares of Capital Group Global Growth Equity ETF by 1.5% in the 4th quarter. Investment Planning Advisors Inc. now owns 19,883 shares of the company’s stock worth $689,000 after buying an additional 295 shares during the last quarter. Financial Security Advisor Inc. lifted its holdings in Capital Group Global Growth Equity ETF by 1.9% during the third quarter. Financial Security Advisor Inc. now owns 17,107 shares of the company’s stock valued at $585,000 after purchasing an additional 316 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in Capital Group Global Growth Equity ETF by 35.4% during the fourth quarter. CoreCap Advisors LLC now owns 1,219 shares of the company’s stock valued at $42,000 after purchasing an additional 319 shares during the last quarter. Northwest Financial Advisors lifted its holdings in Capital Group Global Growth Equity ETF by 0.6% during the fourth quarter. Northwest Financial Advisors now owns 60,384 shares of the company’s stock valued at $2,092,000 after purchasing an additional 354 shares during the last quarter. Finally, Signature Wealth Management Group lifted its holdings in Capital Group Global Growth Equity ETF by 2.0% during the fourth quarter. Signature Wealth Management Group now owns 19,735 shares of the company’s stock valued at $684,000 after purchasing an additional 392 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Up 0.2%

NYSEARCA CGGO opened at $37.64 on Friday. The company has a market cap of $10.19 billion, a PE ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 52 week low of $28.95 and a 52 week high of $37.98. The firm’s 50-day simple moving average is $35.52 and its two-hundred day simple moving average is $35.29.

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.