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

KWB Wealth lowered its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 32.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 328,448 shares of the company’s stock after selling 159,977 shares during the quarter. Capital Group Global Growth Equity ETF makes up about 1.1% of KWB Wealth’s portfolio, making the stock its 25th biggest position. KWB Wealth owned approximately 0.11% of Capital Group Global Growth Equity ETF worth $13,066,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Corient Private Wealth LLC grew its position in shares of Capital Group Global Growth Equity ETF by 2,846.3% during the 4th quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock worth $700,335,000 after buying an additional 19,525,691 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Capital Group Global Growth Equity ETF by 7.3% in the first quarter. Cetera Investment Advisers now owns 8,296,479 shares of the company’s stock valued at $276,854,000 after acquiring an additional 562,014 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Capital Group Global Growth Equity ETF by 25.8% in the first quarter. Royal Bank of Canada now owns 4,065,492 shares of the company’s stock valued at $135,666,000 after acquiring an additional 833,176 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Capital Group Global Growth Equity ETF by 15.7% in the first quarter. Bank of America Corp DE now owns 4,009,228 shares of the company’s stock valued at $133,788,000 after acquiring an additional 543,944 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in Capital Group Global Growth Equity ETF by 21.0% in the first quarter. Sei Investments Co. now owns 1,963,172 shares of the company’s stock worth $65,511,000 after acquiring an additional 340,674 shares during the period.

Capital Group Global Growth Equity ETF Stock Down 1.5%

NYSEARCA:CGGO traded down $0.57 during mid-day trading on Friday, reaching $37.83. The company’s stock had a trading volume of 1,769,634 shares, compared to its average volume of 1,277,853. Capital Group Global Growth Equity ETF has a 1 year low of $31.94 and a 1 year high of $42.88. The stock has a fifty day moving average of $40.03 and a 200-day moving average of $39.46. The firm has a market capitalization of $11.56 billion, a PE ratio of 22.37 and a beta of 1.02.

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.