KWB Wealth Sells 159,977 Shares of Capital Group Global Growth Equity ETF $CGGO

KWB Wealth lowered its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 32.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 328,448 shares of the company’s stock after selling 159,977 shares during the period. Capital Group Global Growth Equity ETF accounts for about 1.1% of KWB Wealth’s investment portfolio, making the stock its 25th biggest holding. KWB Wealth’s holdings in Capital Group Global Growth Equity ETF were worth $13,066,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of CGGO. TD Capital Management LLC purchased a new position in shares of Capital Group Global Growth Equity ETF in the 4th quarter valued at $48,000. Sunbelt Securities Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF by 91.7% during the 1st quarter. Sunbelt Securities Inc. now owns 1,449 shares of the company’s stock worth $48,000 after purchasing an additional 693 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 30.1% during the 2nd quarter. CoreCap Advisors LLC now owns 1,711 shares of the company’s stock worth $72,000 after purchasing an additional 396 shares during the last quarter. Beacon Financial Strategies CORP bought a new stake in Capital Group Global Growth Equity ETF during the second quarter valued at about $77,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in Capital Group Global Growth Equity ETF by 27.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,975 shares of the company’s stock valued at $84,000 after purchasing an additional 425 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of CGGO stock traded down $0.57 during mid-day trading on Friday, hitting $37.83. 1,769,634 shares of the stock traded hands, compared to its average volume of 1,277,853. Capital Group Global Growth Equity ETF has a 52-week low of $31.94 and a 52-week high of $42.88. The stock has a market cap of $11.56 billion, a P/E ratio of 22.37 and a beta of 1.02. The stock’s fifty day moving average is $40.03 and its two-hundred day moving average is $39.46.

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.