Brown Miller Wealth Management LLC Increases Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Brown Miller Wealth Management LLC grew its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 14.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 23,603 shares of the company’s stock after buying an additional 2,998 shares during the quarter. Brown Miller Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $607,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of CGGO. Professional Financial Advisors LLC increased its position in shares of Capital Group Global Growth Equity ETF by 1.9% during the fourth quarter. Professional Financial Advisors LLC now owns 32,065 shares of the company’s stock valued at $825,000 after buying an additional 599 shares during the period. International Assets Investment Management LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 8.0% in the 3rd quarter. International Assets Investment Management LLC now owns 12,997 shares of the company’s stock valued at $295,000 after purchasing an additional 967 shares during the period. J.W. Cole Advisors Inc. boosted its position in shares of Capital Group Global Growth Equity ETF by 11.4% during the third quarter. J.W. Cole Advisors Inc. now owns 9,611 shares of the company’s stock valued at $220,000 after purchasing an additional 986 shares in the last quarter. Beacon Financial Advisory LLC grew its stake in Capital Group Global Growth Equity ETF by 6.0% in the third quarter. Beacon Financial Advisory LLC now owns 17,527 shares of the company’s stock worth $402,000 after purchasing an additional 991 shares during the period. Finally, Private Trust Co. NA purchased a new position in Capital Group Global Growth Equity ETF during the third quarter valued at $25,000.

Capital Group Global Growth Equity ETF Stock Down 0.2 %

Shares of CGGO stock traded down $0.05 during mid-day trading on Thursday, reaching $28.80. 499,546 shares of the company’s stock traded hands, compared to its average volume of 614,716. The company’s 50-day moving average price is $27.65 and its 200-day moving average price is $25.36. The company has a market cap of $2.18 billion, a P/E ratio of 18.64 and a beta of 0.99. Capital Group Global Growth Equity ETF has a 12 month low of $22.08 and a 12 month high of $29.05.

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.