Merit Financial Group LLC Has $550,000 Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Merit Financial Group LLC lifted its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 90.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 21,383 shares of the company’s stock after acquiring an additional 10,162 shares during the quarter. Merit Financial Group LLC’s holdings in Capital Group Global Growth Equity ETF were worth $550,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGGO. Raleigh Capital Management Inc. acquired a new stake in shares of Capital Group Global Growth Equity ETF during the 3rd quarter worth approximately $29,000. Signaturefd LLC bought a new stake in shares of Capital Group Global Growth Equity ETF during the fourth quarter worth about $29,000. Pinnacle Bancorp Inc. raised its holdings in shares of Capital Group Global Growth Equity ETF by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock worth $39,000 after acquiring an additional 900 shares during the last quarter. Global Retirement Partners LLC boosted its stake in Capital Group Global Growth Equity ETF by 170.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,625 shares of the company’s stock valued at $41,000 after purchasing an additional 1,025 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in Capital Group Global Growth Equity ETF by 52.4% during the 4th quarter. Larson Financial Group LLC now owns 2,910 shares of the company’s stock worth $75,000 after purchasing an additional 1,000 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Up 0.2 %

Shares of Capital Group Global Growth Equity ETF stock opened at $28.70 on Wednesday. The company has a market cap of $3.40 billion, a PE ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 52 week low of $22.08 and a 52 week high of $29.05. The business has a 50 day moving average price of $28.33 and a 200-day moving average price of $26.39.

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.