Capital Group Global Growth Equity ETF $CGGO Shares Sold by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. cut its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 38.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,866 shares of the company’s stock after selling 13,612 shares during the period. Summit Wealth Group LLC Co.’s holdings in Capital Group Global Growth Equity ETF were worth $870,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in CGGO. Trinity Wealth Management LLC lifted its holdings in Capital Group Global Growth Equity ETF by 3.6% during the 2nd quarter. Trinity Wealth Management LLC now owns 9,360 shares of the company’s stock valued at $396,000 after buying an additional 328 shares in the last quarter. Choreo LLC boosted its position in Capital Group Global Growth Equity ETF by 2.0% in the 3rd quarter. Choreo LLC now owns 17,594 shares of the company’s stock valued at $700,000 after buying an additional 353 shares during the period. Richardson Capital Management LLC grew its stake in Capital Group Global Growth Equity ETF by 12.8% in the 3rd quarter. Richardson Capital Management LLC now owns 3,147 shares of the company’s stock worth $125,000 after acquiring an additional 357 shares in the last quarter. CoreCap Advisors LLC grew its stake in Capital Group Global Growth Equity ETF by 30.1% in the 2nd quarter. CoreCap Advisors LLC now owns 1,711 shares of the company’s stock worth $72,000 after acquiring an additional 396 shares in the last quarter. Finally, Capital & Planning LLC grew its stake in Capital Group Global Growth Equity ETF by 1.6% in the 2nd quarter. Capital & Planning LLC now owns 27,035 shares of the company’s stock worth $1,144,000 after acquiring an additional 421 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of NYSEARCA:CGGO opened at $37.68 on Wednesday. The firm has a market cap of $11.68 billion, a PE ratio of 22.37 and a beta of 1.03. The firm’s 50 day simple moving average is $39.34 and its 200-day simple moving average is $38.42. Capital Group Global Growth Equity ETF has a one year low of $31.94 and a one year high of $42.88.

Capital Group Global Growth Equity ETF 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.