Valmark Advisers Inc. Acquires 137,535 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Valmark Advisers Inc. boosted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 807.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,558 shares of the company’s stock after acquiring an additional 137,535 shares during the quarter. Valmark Advisers Inc. owned 0.20% of Capital Group Global Growth Equity ETF worth $3,977,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates raised its stake in Capital Group Global Growth Equity ETF by 19.8% during the 4th quarter. Raymond James & Associates now owns 4,523,551 shares of the company’s stock valued at $116,391,000 after buying an additional 746,409 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Capital Group Global Growth Equity ETF by 25.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 3,824,052 shares of the company’s stock valued at $98,393,000 after buying an additional 764,306 shares during the last quarter. UBS Group AG raised its stake in Capital Group Global Growth Equity ETF by 13.4% during the 3rd quarter. UBS Group AG now owns 3,041,505 shares of the company’s stock valued at $69,711,000 after buying an additional 359,446 shares during the last quarter. LPL Financial LLC raised its stake in Capital Group Global Growth Equity ETF by 24.1% during the 3rd quarter. LPL Financial LLC now owns 2,659,480 shares of the company’s stock valued at $60,955,000 after buying an additional 516,118 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in Capital Group Global Growth Equity ETF by 9.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,094,439 shares of the company’s stock valued at $48,005,000 after buying an additional 176,679 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of NYSEARCA:CGGO traded up $0.37 during midday trading on Friday, hitting $28.24. The company had a trading volume of 791,648 shares, compared to its average volume of 661,062. Capital Group Global Growth Equity ETF has a 12-month low of $22.08 and a 12-month high of $29.05. The company has a fifty day moving average of $28.24 and a two-hundred day moving average of $26.06. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 25.66 and a beta of 0.99.

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.