Geneos Wealth Management Inc. Raises Stock Position in Capital Group Global Growth Equity ETF $CGGO

Geneos Wealth Management Inc. grew its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 34.8% in the 1st quarter, Holdings Channel reports. The firm owned 121,579 shares of the company’s stock after purchasing an additional 31,389 shares during the period. Geneos Wealth Management Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $4,057,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pflug Koory LLC bought a new stake in shares of Capital Group Global Growth Equity ETF during the 4th quarter valued at about $25,000. Miller Capital Partners Inc. bought a new position in Capital Group Global Growth Equity ETF in the fourth quarter worth about $41,000. CoreCap Advisors LLC raised its stake in Capital Group Global Growth Equity ETF by 35.4% in the fourth quarter. CoreCap Advisors LLC now owns 1,219 shares of the company’s stock worth $42,000 after buying an additional 319 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in Capital Group Global Growth Equity ETF by 126.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,268 shares of the company’s stock worth $44,000 after buying an additional 707 shares in the last quarter. Finally, TD Capital Management LLC purchased a new stake in Capital Group Global Growth Equity ETF in the fourth quarter worth about $48,000.

Capital Group Global Growth Equity ETF Stock Performance

Capital Group Global Growth Equity ETF stock opened at $39.41 on Friday. The stock’s 50 day simple moving average is $40.56 and its two-hundred day simple moving average is $37.50. The stock has a market cap of $11.20 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a fifty-two week low of $31.67 and a fifty-two week high of $42.88.

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.