International Assets Investment Management LLC Purchases 501,833 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

International Assets Investment Management LLC boosted its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 2,729.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 520,216 shares of the company’s stock after acquiring an additional 501,833 shares during the quarter. International Assets Investment Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $17,254,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group Global Growth Equity ETF by 18.7% in the first quarter. Capital Group Private Client Services Inc. now owns 12,879,354 shares of the company’s stock valued at $370,925,000 after purchasing an additional 2,028,159 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Global Growth Equity ETF by 4.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,653,479 shares of the company’s stock valued at $225,318,000 after purchasing an additional 326,105 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Capital Group Global Growth Equity ETF by 12.3% in the third quarter. Raymond James & Associates now owns 6,504,689 shares of the company’s stock valued at $196,116,000 after purchasing an additional 710,291 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Capital Group Global Growth Equity ETF by 11.1% in the second quarter. LPL Financial LLC now owns 4,804,805 shares of the company’s stock valued at $141,453,000 after purchasing an additional 478,559 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of Capital Group Global Growth Equity ETF by 6.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 4,425,548 shares of the company’s stock valued at $130,288,000 after purchasing an additional 264,056 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

NYSEARCA:CGGO opened at $30.11 on Wednesday. The firm’s fifty day moving average price is $29.79 and its two-hundred day moving average price is $29.31. Capital Group Global Growth Equity ETF has a one year low of $22.28 and a one year high of $30.72. The company has a market cap of $3.56 billion, a P/E ratio of 26.27 and a beta of 1.02.

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.