Northwestern Mutual Wealth Management Co. Buys 14,045 Shares of Capital Group Global Growth Equity ETF $CGGO

Northwestern Mutual Wealth Management Co. grew its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 0.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,760,763 shares of the company’s stock after purchasing an additional 14,045 shares during the period. Northwestern Mutual Wealth Management Co. owned about 5.21% of Capital Group Global Growth Equity ETF worth $344,022,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CGGO. J.W. Cole Advisors Inc. raised its holdings in Capital Group Global Growth Equity ETF by 10.6% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 82,374 shares of the company’s stock valued at $2,634,000 after acquiring an additional 7,924 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Capital Group Global Growth Equity ETF by 12.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 297,309 shares of the company’s stock valued at $9,505,000 after purchasing an additional 31,894 shares during the period. CreativeOne Wealth LLC bought a new stake in shares of Capital Group Global Growth Equity ETF during the second quarter valued at approximately $563,000. Summit Global Investments acquired a new position in shares of Capital Group Global Growth Equity ETF in the second quarter valued at $253,000. Finally, Global Retirement Partners LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the second quarter valued at $244,000.

Capital Group Global Growth Equity ETF Price Performance

CGGO opened at $34.39 on Friday. Capital Group Global Growth Equity ETF has a fifty-two week low of $24.67 and a fifty-two week high of $35.60. The firm’s fifty day moving average price is $34.36 and its two-hundred day moving average price is $32.77. The company has a market capitalization of $7.65 billion, a P/E ratio of 22.37 and a beta of 0.96.

Capital Group Global Growth Equity ETF 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.