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

Stephens Inc. AR increased its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 7.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 589,851 shares of the company’s stock after purchasing an additional 39,839 shares during the quarter. Stephens Inc. AR’s holdings in Capital Group Global Growth Equity ETF were worth $17,235,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in Capital Group Global Growth Equity ETF by 40.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,921 shares of the company’s stock valued at $56,000 after purchasing an additional 557 shares during the last quarter. HB Wealth Management LLC purchased a new stake in Capital Group Global Growth Equity ETF during the fourth quarter valued at approximately $206,000. Park Avenue Securities LLC acquired a new stake in Capital Group Global Growth Equity ETF in the third quarter valued at approximately $563,000. Concourse Financial Group Securities Inc. grew its holdings in Capital Group Global Growth Equity ETF by 70.9% in the third quarter. Concourse Financial Group Securities Inc. now owns 23,554 shares of the company’s stock worth $710,000 after purchasing an additional 9,774 shares during the last quarter. Finally, Creative Planning lifted its holdings in shares of Capital Group Global Growth Equity ETF by 25.9% during the 2nd quarter. Creative Planning now owns 29,691 shares of the company’s stock valued at $874,000 after purchasing an additional 6,104 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of CGGO stock opened at $30.39 on Friday. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. The stock’s fifty day moving average price is $29.97 and its 200 day moving average price is $29.68. Capital Group Global Growth Equity ETF has a 1-year low of $26.52 and a 1-year 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.