Cetera Investment Advisers Buys 571,019 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Cetera Investment Advisers increased its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 47.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,771,095 shares of the company’s stock after acquiring an additional 571,019 shares during the quarter. Cetera Investment Advisers’ holdings in Capital Group Global Growth Equity ETF were worth $52,141,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp boosted its stake in shares of Capital Group Global Growth Equity ETF by 27.9% in the 2nd quarter. Truist Financial Corp now owns 16,235 shares of the company’s stock valued at $478,000 after purchasing an additional 3,542 shares during the last quarter. Hershey Financial Advisers LLC acquired a new position in Capital Group Global Growth Equity ETF in the second quarter valued at $55,000. High Falls Advisors Inc bought a new stake in Capital Group Global Growth Equity ETF during the second quarter valued at $224,000. NewEdge Advisors LLC grew its holdings in Capital Group Global Growth Equity ETF by 13.6% during the 2nd quarter. NewEdge Advisors LLC now owns 701,782 shares of the company’s stock worth $20,660,000 after acquiring an additional 83,976 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Capital Group Global Growth Equity ETF by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,653,479 shares of the company’s stock worth $225,318,000 after acquiring an additional 326,105 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of Capital Group Global Growth Equity ETF stock opened at $29.94 on Wednesday. The stock’s 50-day moving average is $29.15 and its 200 day moving average is $29.11. Capital Group Global Growth Equity ETF has a one year low of $22.08 and a one year high of $30.61. The firm has a market cap of $3.54 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02.

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.