Gutierrez Wealth Advisory LLC Acquires Shares of 197,556 Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Gutierrez Wealth Advisory LLC acquired a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 197,556 shares of the company’s stock, valued at approximately $5,773,000. Capital Group Global Growth Equity ETF makes up about 4.8% of Gutierrez Wealth Advisory LLC’s holdings, making the stock its 9th biggest position.

A number of other hedge funds have also recently bought and sold shares of the company. Larson Financial Group LLC boosted its position in 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 buying an additional 340 shares during the last quarter. Signature Wealth Management Group lifted its stake in shares of Capital Group Global Growth Equity ETF by 2.4% in the 4th quarter. Signature Wealth Management Group now owns 17,688 shares of the company’s stock valued at $517,000 after purchasing an additional 418 shares during the period. Meridian Wealth Management LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 0.9% in the 4th quarter. Meridian Wealth Management LLC now owns 48,080 shares of the company’s stock valued at $1,405,000 after purchasing an additional 425 shares during the period. Advance Capital Management Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF by 1.6% in the 4th quarter. Advance Capital Management Inc. now owns 31,129 shares of the company’s stock valued at $910,000 after purchasing an additional 504 shares during the period. Finally, 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 purchasing an additional 520 shares during the period.

Capital Group Global Growth Equity ETF Stock Down 0.3 %

CGGO stock opened at $29.20 on Friday. The business’s fifty day moving average is $29.85 and its 200-day moving average is $29.84. The company has a market cap of $5.18 billion, a P/E ratio of 24.05 and a beta of 0.97. Capital Group Global Growth Equity ETF has a twelve month low of $26.52 and a twelve month high of $30.94.

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.