Lodestone Wealth Management LLC Raises Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Lodestone Wealth Management LLC boosted its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 19.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 18,871 shares of the company’s stock after buying an additional 3,074 shares during the period. Lodestone Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $569,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGGO. Capital Group Private Client Services Inc. boosted its position in shares of Capital Group Global Growth Equity ETF by 18.7% during the 1st quarter. Capital Group Private Client Services Inc. now owns 12,879,354 shares of the company’s stock valued at $370,925,000 after acquiring an additional 2,028,159 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in 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 in the last quarter. Raymond James & Associates lifted its position in 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 purchasing an additional 710,291 shares during the last quarter. LPL Financial LLC grew its stake in Capital Group Global Growth Equity ETF by 11.1% in the 2nd quarter. LPL Financial LLC now owns 4,804,805 shares of the company’s stock worth $141,453,000 after buying an additional 478,559 shares in 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 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 4,425,548 shares of the company’s stock worth $130,288,000 after buying an additional 264,056 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Capital Group Global Growth Equity ETF stock opened at $29.57 on Friday. Capital Group Global Growth Equity ETF has a fifty-two week low of $23.04 and a fifty-two week high of $30.72. The stock has a market cap of $3.50 billion, a P/E ratio of 26.27 and a beta of 1.02. The firm’s fifty day moving average price is $29.79 and its 200-day moving average price is $29.33.

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.