Avantax Advisory Services Inc. Purchases 52,148 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Avantax Advisory Services Inc. increased its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 37.2% in the fourth quarter, HoldingsChannel reports. The fund owned 192,256 shares of the company’s stock after purchasing an additional 52,148 shares during the period. Avantax Advisory Services Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $5,618,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of CGGO. First Horizon Advisors Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF by 894.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,621 shares of the company’s stock valued at $49,000 after acquiring an additional 1,458 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Capital Group Global Growth Equity ETF by 40.5% in the 4th quarter. IFP Advisors Inc now owns 1,804 shares of the company’s stock valued at $53,000 after acquiring an additional 520 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF by 40.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,921 shares of the company’s stock valued at $56,000 after acquiring an additional 557 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF by 73.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,303 shares of the company’s stock valued at $67,000 after acquiring an additional 972 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 11.7% in the 4th quarter. Larson Financial Group LLC now owns 3,250 shares of the company’s stock valued at $95,000 after acquiring an additional 340 shares during the last quarter.

Capital Group Global Growth Equity ETF Trading Up 1.9 %

NYSEARCA CGGO opened at $28.88 on Friday. Capital Group Global Growth Equity ETF has a 1-year low of $26.52 and a 1-year high of $30.94. The stock has a 50-day moving average of $29.90 and a 200-day moving average of $29.86. The firm has a market cap of $5.06 billion, a PE ratio of 24.83 and a beta of 0.96.

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.