Peapack Gladstone Financial Corp Acquires 3,285 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Peapack Gladstone Financial Corp boosted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 1.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 291,580 shares of the company’s stock after acquiring an additional 3,285 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Capital Group Global Growth Equity ETF were worth $8,520,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CGGO. Raymond James Financial Inc. bought a new position in Capital Group Global Growth Equity ETF in the 4th quarter worth about $358,139,000. LPL Financial LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 21.8% in the fourth quarter. LPL Financial LLC now owns 6,745,848 shares of the company’s stock worth $197,114,000 after buying an additional 1,209,008 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF by 17.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,823,853 shares of the company’s stock worth $140,953,000 after buying an additional 731,424 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Capital Group Global Growth Equity ETF by 15.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 3,904,641 shares of the company’s stock valued at $114,094,000 after acquiring an additional 520,373 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Capital Group Global Growth Equity ETF by 6.5% during the fourth quarter. Wells Fargo & Company MN now owns 3,190,669 shares of the company’s stock valued at $93,231,000 after acquiring an additional 196,019 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Down 6.0 %

CGGO stock opened at $25.88 on Monday. The stock has a market capitalization of $4.67 billion, a PE ratio of 23.85 and a beta of 0.96. The stock’s 50 day simple moving average is $29.54 and its 200 day simple moving average is $29.81. Capital Group Global Growth Equity ETF has a 12-month low of $25.86 and a 12-month 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.