Capital Group Global Growth Equity ETF $CGGO Stock: Paragon Advisors LLC Cuts Position

Paragon Advisors LLC lowered its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 12.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,792 shares of the company’s stock after selling 20,177 shares during the period. Capital Group Global Growth Equity ETF comprises 1.1% of Paragon Advisors LLC’s investment portfolio, making the stock its 21st biggest position. Paragon Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $5,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. J. Derek Lewis & Associates Inc. raised its holdings in Capital Group Global Growth Equity ETF by 7.1% in the third quarter. J. Derek Lewis & Associates Inc. now owns 777,096 shares of the company’s stock valued at $30,919,000 after acquiring an additional 51,848 shares in the last quarter. 180 Wealth Advisors LLC lifted its stake in Capital Group Global Growth Equity ETF by 3.4% in the third quarter. 180 Wealth Advisors LLC now owns 24,454 shares of the company’s stock worth $973,000 after acquiring an additional 813 shares during the last quarter. StoneX Group Inc. lifted its stake in Capital Group Global Growth Equity ETF by 33.8% in the third quarter. StoneX Group Inc. now owns 10,849 shares of the company’s stock worth $431,000 after acquiring an additional 2,741 shares during the last quarter. Sierra Ocean LLC purchased a new position in Capital Group Global Growth Equity ETF in the third quarter worth approximately $4,528,000. Finally, Asset One Wealth Management LLC acquired a new position in Capital Group Global Growth Equity ETF during the 3rd quarter worth approximately $214,000.

Capital Group Global Growth Equity ETF Price Performance

NYSEARCA CGGO opened at $36.78 on Monday. Capital Group Global Growth Equity ETF has a 52 week low of $31.94 and a 52 week high of $42.88. The firm has a 50 day moving average of $39.13 and a two-hundred day moving average of $38.44. The stock has a market capitalization of $11.43 billion, a PE ratio of 22.37 and a beta of 1.03.

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.