Capital Group Global Growth Equity ETF $CGGO Holdings Decreased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. decreased its position in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 38.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 21,866 shares of the company’s stock after selling 13,612 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in Capital Group Global Growth Equity ETF were worth $870,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. increased its stake in shares of Capital Group Global Growth Equity ETF by 91.7% during the first quarter. Sunbelt Securities Inc. now owns 1,449 shares of the company’s stock valued at $48,000 after buying an additional 693 shares during the period. CoreCap Advisors LLC lifted its stake in Capital Group Global Growth Equity ETF by 30.1% in the second quarter. CoreCap Advisors LLC now owns 1,711 shares of the company’s stock worth $72,000 after acquiring an additional 396 shares during the period. Beacon Financial Strategies CORP purchased a new stake in Capital Group Global Growth Equity ETF in the second quarter worth about $77,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Capital Group Global Growth Equity ETF by 27.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,975 shares of the company’s stock worth $84,000 after acquiring an additional 425 shares during the period. Finally, Bartlett & CO. Wealth Management LLC bought a new position in Capital Group Global Growth Equity ETF during the 1st quarter worth about $67,000.

Capital Group Global Growth Equity ETF Price Performance

Shares of Capital Group Global Growth Equity ETF stock opened at $37.68 on Wednesday. Capital Group Global Growth Equity ETF has a 1 year low of $31.94 and a 1 year high of $42.88. The firm’s 50-day moving average is $39.34 and its two-hundred day moving average is $38.42. The stock has a market cap of $11.68 billion, a price-to-earnings ratio of 22.37 and a beta of 1.03.

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.