Kingswood Wealth Advisors LLC Sells 4,826 Shares of Capital Group Global Growth Equity ETF $CGGO

Kingswood Wealth Advisors LLC lowered its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 26.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,130 shares of the company’s stock after selling 4,826 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $420,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CX Institutional acquired a new stake in Capital Group Global Growth Equity ETF in the 1st quarter valued at approximately $26,000. US Bancorp DE grew its holdings in Capital Group Global Growth Equity ETF by 115.7% in the 1st quarter. US Bancorp DE now owns 1,512 shares of the company’s stock valued at $43,000 after buying an additional 811 shares during the last quarter. Allworth Financial LP grew its holdings in Capital Group Global Growth Equity ETF by 58.2% in the 1st quarter. Allworth Financial LP now owns 2,172 shares of the company’s stock valued at $61,000 after buying an additional 799 shares during the last quarter. IFP Advisors Inc grew its holdings in Capital Group Global Growth Equity ETF by 31.2% in the 1st quarter. IFP Advisors Inc now owns 2,367 shares of the company’s stock valued at $67,000 after buying an additional 563 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC acquired a new stake in Capital Group Global Growth Equity ETF in the 1st quarter valued at approximately $90,000.

Capital Group Global Growth Equity ETF Stock Down 2.7%

CGGO opened at $33.63 on Friday. The firm has a market capitalization of $7.35 billion, a P/E ratio of 22.37 and a beta of 0.99. The stock’s 50 day moving average price is $33.33 and its two-hundred day moving average price is $31.20. Capital Group Global Growth Equity ETF has a 12-month low of $24.67 and a 12-month high of $34.89.

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.