Ridgeline Wealth Planning LLC Sells 60,523 Shares of Capital Group Global Growth Equity ETF $CGGO

Ridgeline Wealth Planning LLC trimmed its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 336,017 shares of the company’s stock after selling 60,523 shares during the period. Capital Group Global Growth Equity ETF accounts for about 8.3% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 3rd largest position. Ridgeline Wealth Planning LLC’s holdings in Capital Group Global Growth Equity ETF were worth $11,643,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CGGO. Brighton Jones LLC acquired a new stake in Capital Group Global Growth Equity ETF in the 4th quarter valued at about $243,000. Goldman Sachs Group Inc. grew its stake in Capital Group Global Growth Equity ETF by 84.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 79,640 shares of the company’s stock valued at $2,256,000 after acquiring an additional 36,578 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Capital Group Global Growth Equity ETF by 1,057.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 211,635 shares of the company’s stock valued at $6,766,000 after acquiring an additional 193,351 shares during the last quarter. Marshall Wace LLP acquired a new stake in Capital Group Global Growth Equity ETF in the 2nd quarter valued at about $1,802,000. Finally, Cerity Partners LLC grew its stake in Capital Group Global Growth Equity ETF by 3.3% in the 2nd quarter. Cerity Partners LLC now owns 31,002 shares of the company’s stock valued at $992,000 after acquiring an additional 993 shares during the last quarter.

Capital Group Global Growth Equity ETF Trading Up 2.0%

Shares of NYSEARCA CGGO opened at $39.66 on Friday. The stock has a market cap of $10.73 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 52 week low of $29.17 and a 52 week high of $39.68. The company’s 50-day moving average price is $35.66 and its 200 day moving average price is $35.39.

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.