Synergy Investment Management LLC Invests $300,000 in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Synergy Investment Management LLC bought a new stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,260 shares of the company’s stock, valued at approximately $300,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC acquired a new position in shares of Capital Group Global Growth Equity ETF during the fourth quarter valued at about $25,973,000. LPL Financial LLC grew its position in Capital Group Global Growth Equity ETF by 15.2% during the 3rd quarter. LPL Financial LLC now owns 5,536,840 shares of the company’s stock worth $166,936,000 after purchasing an additional 732,035 shares during the last quarter. Prospera Financial Services Inc increased its stake in Capital Group Global Growth Equity ETF by 373.7% during the 3rd quarter. Prospera Financial Services Inc now owns 699,376 shares of the company’s stock valued at $21,086,000 after purchasing an additional 551,749 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Capital Group Global Growth Equity ETF by 56.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,335,007 shares of the company’s stock worth $39,009,000 after buying an additional 480,012 shares during the last quarter. Finally, Benjamin Edwards Inc. acquired a new stake in shares of Capital Group Global Growth Equity ETF during the third quarter worth $12,648,000.

Capital Group Global Growth Equity ETF Price Performance

Shares of CGGO opened at $29.36 on Tuesday. The firm has a market capitalization of $5.14 billion, a PE ratio of 24.83 and a beta of 0.96. The company’s fifty day moving average price is $29.99 and its 200-day moving average price is $29.90. Capital Group Global Growth Equity ETF has a 1-year low of $26.52 and a 1-year high of $30.94.

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.