Clarity Wealth Advisors LLC Has $7 Million Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Clarity Wealth Advisors LLC boosted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 19.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 232,100 shares of the company’s stock after purchasing an additional 37,411 shares during the quarter. Capital Group Global Growth Equity ETF comprises 2.0% of Clarity Wealth Advisors LLC’s holdings, making the stock its 14th largest holding. Clarity Wealth Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $6,998,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CGGO. ZRC Wealth Management LLC acquired a new position in shares of Capital Group Global Growth Equity ETF during the second quarter valued at about $26,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Capital Group Global Growth Equity ETF in the 2nd quarter worth about $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Capital Group Global Growth Equity ETF in the 2nd quarter valued at $31,000. Hershey Financial Advisers LLC bought a new position in shares of Capital Group Global Growth Equity ETF during the second quarter valued at about $55,000. Finally, S.A. Mason LLC bought a new position in shares of Capital Group Global Growth Equity ETF during the 2nd quarter worth approximately $56,000.

Capital Group Global Growth Equity ETF Stock Up 0.3 %

CGGO stock traded up $0.09 during midday trading on Friday, hitting $30.39. The company’s stock had a trading volume of 331,017 shares, compared to its average volume of 684,549. The stock’s 50-day moving average price is $29.67 and its 200 day moving average price is $29.23. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 1 year low of $22.08 and a 1 year high of $30.72.

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.