Cullen Frost Bankers Inc. Boosts Holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Cullen Frost Bankers Inc. raised its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 40.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,911 shares of the company’s stock after purchasing an additional 11,751 shares during the period. Cullen Frost Bankers Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $1,195,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. lifted its holdings in Capital Group Global Growth Equity ETF by 894.5% during the third quarter. First Horizon Advisors Inc. now owns 1,621 shares of the company’s stock valued at $49,000 after purchasing an additional 1,458 shares in the last quarter. IFP Advisors Inc lifted its holdings 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. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Capital Group Global Growth Equity ETF by 40.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,921 shares of the company’s stock valued at $56,000 after purchasing an additional 557 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in Capital Group Global Growth Equity ETF by 73.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,303 shares of the company’s stock valued at $67,000 after purchasing an additional 972 shares in the last quarter. Finally, Private Trust Co. NA lifted its holdings in Capital Group Global Growth Equity ETF by 45.6% during the third quarter. Private Trust Co. NA now owns 3,308 shares of the company’s stock valued at $100,000 after purchasing an additional 1,036 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Up 0.4 %

CGGO opened at $29.41 on Friday. The company has a market cap of $5.15 billion, a price-to-earnings ratio of 24.83 and a beta of 0.96. Capital Group Global Growth Equity ETF has a 52-week low of $26.52 and a 52-week high of $30.94. The firm’s fifty day simple moving average is $29.97 and its two-hundred day simple moving average is $29.90.

Capital Group Global Growth Equity ETF Company 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.