Colonial River Investments LLC Grows Stock Holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Colonial River Investments LLC grew its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 4.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 94,216 shares of the company’s stock after acquiring an additional 3,597 shares during the period. Capital Group Global Growth Equity ETF comprises approximately 1.4% of Colonial River Investments LLC’s portfolio, making the stock its 13th biggest holding. Colonial River Investments LLC’s holdings in Capital Group Global Growth Equity ETF were worth $2,841,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Everpar Advisors LLC increased its stake in Capital Group Global Growth Equity ETF by 4.5% during the third quarter. Everpar Advisors LLC now owns 8,880 shares of the company’s stock worth $268,000 after acquiring an additional 380 shares during the last quarter. Belpointe Asset Management LLC increased its position in shares of Capital Group Global Growth Equity ETF by 1.5% during the 2nd quarter. Belpointe Asset Management LLC now owns 32,246 shares of the company’s stock valued at $949,000 after purchasing an additional 462 shares during the last quarter. Financial Advocates Investment Management raised its holdings in Capital Group Global Growth Equity ETF by 1.1% during the 3rd quarter. Financial Advocates Investment Management now owns 43,615 shares of the company’s stock valued at $1,315,000 after buying an additional 467 shares during the period. 180 Wealth Advisors LLC raised its holdings in Capital Group Global Growth Equity ETF by 4.1% during the 2nd quarter. 180 Wealth Advisors LLC now owns 17,922 shares of the company’s stock valued at $539,000 after buying an additional 706 shares during the period. Finally, Octavia Wealth Advisors LLC lifted its position in Capital Group Global Growth Equity ETF by 7.7% in the second quarter. Octavia Wealth Advisors LLC now owns 10,341 shares of the company’s stock worth $306,000 after buying an additional 741 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Down 0.4 %

CGGO stock opened at $30.29 on Friday. Capital Group Global Growth Equity ETF has a twelve month low of $23.44 and a twelve month high of $30.72. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. The firm’s fifty day simple moving average is $29.82 and its two-hundred day simple moving average is $29.42.

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.