Royal Harbor Partners LLC Makes New $8.10 Million Investment in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Royal Harbor Partners LLC acquired a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the 4th quarter, HoldingsChannel reports. The fund acquired 277,217 shares of the company’s stock, valued at approximately $8,100,000. Capital Group Global Growth Equity ETF makes up 3.1% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 11th largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 40.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,921 shares of the company’s stock valued at $56,000 after buying an additional 557 shares during the period. HB Wealth Management LLC purchased a new stake in Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $206,000. Rothschild Investment LLC increased its stake in Capital Group Global Growth Equity ETF by 17.1% during the 4th quarter. Rothschild Investment LLC now owns 5,810 shares of the company’s stock worth $170,000 after buying an additional 850 shares in the last quarter. Truist Financial Corp increased its stake in Capital Group Global Growth Equity ETF by 61.3% during the 4th quarter. Truist Financial Corp now owns 54,028 shares of the company’s stock worth $1,579,000 after buying an additional 20,543 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its position in shares of Capital Group Global Growth Equity ETF by 49.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 17,745 shares of the company’s stock valued at $535,000 after purchasing an additional 5,850 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

CGGO stock opened at $29.81 on Thursday. The business has a 50 day simple moving average of $29.98 and a 200-day simple moving average of $29.90. The firm has a market capitalization of $5.22 billion, a PE ratio of 24.83 and a beta of 0.96. Capital Group Global Growth Equity ETF has a 1 year low of $26.52 and a 1 year high of $30.94.

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.