World Investment Advisors Raises Stake in Capital Group Global Growth Equity ETF $CGGO

World Investment Advisors lifted its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 87.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,215 shares of the company’s stock after acquiring an additional 24,332 shares during the quarter. World Investment Advisors’ holdings in Capital Group Global Growth Equity ETF were worth $1,809,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CGGO. Brighton Jones LLC acquired a new position in shares of Capital Group Global Growth Equity ETF during the fourth quarter worth about $243,000. Goldman Sachs Group Inc. increased its stake in shares of Capital Group Global Growth Equity ETF by 84.9% during the first quarter. Goldman Sachs Group Inc. now owns 79,640 shares of the company’s stock worth $2,256,000 after acquiring an additional 36,578 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Capital Group Global Growth Equity ETF by 1,057.5% during the second quarter. JPMorgan Chase & Co. now owns 211,635 shares of the company’s stock worth $6,766,000 after acquiring an additional 193,351 shares during the period. Marshall Wace LLP acquired a new position in shares of Capital Group Global Growth Equity ETF during the second quarter worth about $1,802,000. Finally, Cerity Partners LLC increased its stake in shares of Capital Group Global Growth Equity ETF by 3.3% during the second quarter. Cerity Partners LLC now owns 31,002 shares of the company’s stock worth $992,000 after acquiring an additional 993 shares during the period.

Capital Group Global Growth Equity ETF Stock Down 2.6%

Shares of Capital Group Global Growth Equity ETF stock opened at $38.72 on Friday. Capital Group Global Growth Equity ETF has a 52-week low of $29.82 and a 52-week high of $40.04. The company’s 50-day simple moving average is $36.03 and its 200-day simple moving average is $35.58. The firm has a market cap of $10.48 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01.

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.