Stephens Inc. AR Raises Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Stephens Inc. AR lifted its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 589,851 shares of the company’s stock after purchasing an additional 39,839 shares during the quarter. Stephens Inc. AR owned about 0.50% of Capital Group Global Growth Equity ETF worth $17,235,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Janney Montgomery Scott LLC bought a new position in Capital Group Global Growth Equity ETF during the fourth quarter valued at $25,973,000. LPL Financial LLC grew its holdings in Capital Group Global Growth Equity ETF by 15.2% during the 3rd quarter. LPL Financial LLC now owns 5,536,840 shares of the company’s stock valued at $166,936,000 after purchasing an additional 732,035 shares during the last quarter. Raymond James & Associates boosted its position in shares of Capital Group Global Growth Equity ETF by 12.3% during the third quarter. Raymond James & Associates now owns 6,504,689 shares of the company’s stock valued at $196,116,000 after buying an additional 710,291 shares during the period. Prospera Financial Services Inc grew its stake in shares of Capital Group Global Growth Equity ETF by 373.7% during the third quarter. Prospera Financial Services Inc now owns 699,376 shares of the company’s stock valued at $21,086,000 after buying an additional 551,749 shares during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 2,729.9% in the third quarter. International Assets Investment Management LLC now owns 520,216 shares of the company’s stock worth $17,254,000 after buying an additional 501,833 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

Shares of CGGO stock opened at $30.39 on Friday. The stock has a 50 day moving average price of $29.97 and a 200 day moving average price of $29.68. The firm has a market capitalization of $3.60 billion, a P/E ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 52-week low of $26.52 and a 52-week high of $30.94.

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.