OneAscent Financial Services LLC Reduces Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

OneAscent Financial Services LLC cut its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 23.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,902 shares of the company’s stock after selling 30,612 shares during the quarter. OneAscent Financial Services LLC owned approximately 0.13% of Capital Group Global Growth Equity ETF worth $2,848,000 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. Raleigh Capital Management Inc. bought a new stake in shares of Capital Group Global Growth Equity ETF in the 3rd quarter worth approximately $29,000. Signaturefd LLC purchased a new stake in Capital Group Global Growth Equity ETF in the fourth quarter worth $29,000. Transcendent Capital Group LLC bought a new stake in Capital Group Global Growth Equity ETF in the fourth quarter valued at $36,000. Pinnacle Bancorp Inc. increased its position in Capital Group Global Growth Equity ETF by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,500 shares of the company’s stock valued at $39,000 after purchasing an additional 900 shares during the period. Finally, Global Retirement Partners LLC raised its holdings in Capital Group Global Growth Equity ETF by 170.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,625 shares of the company’s stock worth $41,000 after purchasing an additional 1,025 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of NYSEARCA CGGO traded down $0.06 during midday trading on Friday, hitting $29.44. 767,425 shares of the company traded hands, compared to its average volume of 677,512. Capital Group Global Growth Equity ETF has a 12-month low of $22.08 and a 12-month high of $30.13. The stock has a 50-day moving average price of $29.14 and a 200 day moving average price of $27.83. The firm has a market cap of $3.48 billion, a P/E ratio of 26.27 and a beta of 1.02.

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.