Convergence Financial LLC Has $917,000 Stock Holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Convergence Financial LLC lifted its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,399 shares of the company’s stock after purchasing an additional 2,126 shares during the quarter. Convergence Financial LLC’s holdings in Capital Group Global Growth Equity ETF were worth $917,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CGGO. Armstrong Fleming & Moore Inc grew its stake in Capital Group Global Growth Equity ETF by 1.4% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 47,292 shares of the company’s stock worth $1,382,000 after buying an additional 668 shares in the last quarter. LifeGoal Wealth Advisors acquired a new stake in shares of Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $9,786,000. Rothschild Investment LLC increased its stake in Capital Group Global Growth Equity ETF by 17.1% in the fourth quarter. Rothschild Investment LLC now owns 5,810 shares of the company’s stock valued at $170,000 after acquiring an additional 850 shares during the last quarter. IFP Advisors Inc raised its position in Capital Group Global Growth Equity ETF by 40.5% during the fourth quarter. IFP Advisors Inc now owns 1,804 shares of the company’s stock valued at $53,000 after purchasing an additional 520 shares in the last quarter. Finally, Colonial River Investments LLC lifted its stake in Capital Group Global Growth Equity ETF by 3.7% during the fourth quarter. Colonial River Investments LLC now owns 97,728 shares of the company’s stock worth $2,856,000 after purchasing an additional 3,512 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of CGGO stock opened at $30.00 on Thursday. Capital Group Global Growth Equity ETF has a fifty-two week low of $26.52 and a fifty-two week high of $30.94. The company has a market cap of $3.55 billion, a PE ratio of 26.27 and a beta of 1.02. The stock’s fifty day moving average price is $30.00 and its two-hundred day moving average price is $29.88.

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.