Balboa Wealth Partners Takes $330,000 Position in Capital Group Global Growth Equity ETF $CGGO

Balboa Wealth Partners acquired a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 10,337 shares of the company’s stock, valued at approximately $330,000.

Several other hedge funds also recently modified their holdings of CGGO. LPL Financial LLC grew its holdings in shares of Capital Group Global Growth Equity ETF by 33.9% in the 1st quarter. LPL Financial LLC now owns 9,035,420 shares of the company’s stock valued at $255,973,000 after acquiring an additional 2,289,572 shares in the last quarter. Focus Partners Wealth bought a new position in shares of Capital Group Global Growth Equity ETF in the 1st quarter valued at about $27,335,000. Commonwealth Equity Services LLC lifted its stake in Capital Group Global Growth Equity ETF by 24.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,852,845 shares of the company’s stock valued at $137,481,000 after purchasing an additional 948,204 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group Global Growth Equity ETF by 18.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 5,709,329 shares of the company’s stock valued at $161,745,000 after purchasing an additional 885,476 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in Capital Group Global Growth Equity ETF by 47.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,963,522 shares of the company’s stock valued at $55,803,000 after purchasing an additional 628,515 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of NYSEARCA:CGGO opened at $34.76 on Tuesday. Capital Group Global Growth Equity ETF has a 52-week low of $24.67 and a 52-week high of $34.89. The company has a market capitalization of $7.62 billion, a P/E ratio of 22.37 and a beta of 0.99. The company has a 50-day simple moving average of $33.57 and a 200 day simple moving average of $31.50.

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.