Kestra Investment Management LLC Has $4.51 Million Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Kestra Investment Management LLC increased its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 34.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 149,633 shares of the company’s stock after purchasing an additional 38,261 shares during the period. Kestra Investment Management LLC owned approximately 0.13% of Capital Group Global Growth Equity ETF worth $4,511,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in Capital Group Global Growth Equity ETF by 70.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,036,209 shares of the company’s stock valued at $89,386,000 after buying an additional 1,259,552 shares during the period. Raymond James & Associates increased its stake in Capital Group Global Growth Equity ETF by 15.9% in the second quarter. Raymond James & Associates now owns 5,794,398 shares of the company’s stock valued at $170,587,000 after acquiring an additional 795,553 shares during the last quarter. LPL Financial LLC raised its position in Capital Group Global Growth Equity ETF by 15.2% during the third 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 in the last quarter. Sei Investments Co. bought a new stake in Capital Group Global Growth Equity ETF during the second quarter worth $18,559,000. Finally, Cetera Investment Advisers boosted its holdings in shares of Capital Group Global Growth Equity ETF by 47.6% in the 2nd quarter. Cetera Investment Advisers now owns 1,771,095 shares of the company’s stock valued at $52,141,000 after purchasing an additional 571,019 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of CGGO opened at $30.04 on Friday. Capital Group Global Growth Equity ETF has a 52-week low of $24.43 and a 52-week high of $30.72. The business’s fifty day moving average is $29.99 and its 200-day moving average is $29.56. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02.

Capital Group Global Growth Equity ETF 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.