461,159 Shares in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Purchased by Independent Advisor Alliance

Independent Advisor Alliance purchased a new position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 461,159 shares of the company’s stock, valued at approximately $13,475,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Larson Financial Group LLC boosted its holdings in shares of Capital Group Global Growth Equity ETF by 11.7% in the 4th quarter. Larson Financial Group LLC now owns 3,250 shares of the company’s stock worth $95,000 after buying an additional 340 shares during the last quarter. Strategic Family Wealth Counselors L.L.C. boosted its holdings in shares of Capital Group Global Growth Equity ETF by 49.0% in the 4th quarter. Strategic Family Wealth Counselors L.L.C. now owns 35,122 shares of the company’s stock worth $1,026,000 after buying an additional 11,544 shares during the last quarter. Royal Harbor Partners LLC purchased a new position in shares of Capital Group Global Growth Equity ETF in the 4th quarter worth about $8,100,000. Vestmark Advisory Solutions Inc. lifted its holdings in Capital Group Global Growth Equity ETF by 8.4% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 119,526 shares of the company’s stock valued at $3,493,000 after purchasing an additional 9,232 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Capital Group Global Growth Equity ETF during the fourth quarter valued at about $358,139,000.

Capital Group Global Growth Equity ETF Stock Down 3.1 %

NYSEARCA CGGO opened at $28.51 on Tuesday. The company has a market cap of $4.99 billion, a PE ratio of 24.83 and a beta of 0.96. Capital Group Global Growth Equity ETF has a 52 week low of $26.52 and a 52 week high of $30.94. The firm’s 50-day simple moving average is $29.95 and its two-hundred day simple moving average is $29.89.

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.