Kingswood Wealth Advisors LLC Lowers Stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Kingswood Wealth Advisors LLC cut its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 12.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 19,196 shares of the company’s stock after selling 2,841 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $561,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Everpar Advisors LLC increased its stake in Capital Group Global Growth Equity ETF by 4.5% in the 3rd quarter. Everpar Advisors LLC now owns 8,880 shares of the company’s stock worth $268,000 after buying an additional 380 shares in the last quarter. Meridian Wealth Management LLC grew its position in shares of Capital Group Global Growth Equity ETF by 0.9% during the third quarter. Meridian Wealth Management LLC now owns 47,655 shares of the company’s stock worth $1,437,000 after purchasing an additional 426 shares in the last quarter. Financial Advocates Investment Management raised its stake in Capital Group Global Growth Equity ETF by 1.1% during the 3rd quarter. Financial Advocates Investment Management now owns 43,615 shares of the company’s stock valued at $1,315,000 after purchasing an additional 467 shares during the period. Advance Capital Management Inc. lifted its holdings in Capital Group Global Growth Equity ETF by 1.6% in the 4th quarter. Advance Capital Management Inc. now owns 31,129 shares of the company’s stock worth $910,000 after purchasing an additional 504 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in Capital Group Global Growth Equity ETF by 40.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,921 shares of the company’s stock worth $56,000 after purchasing an additional 557 shares during the period.

Capital Group Global Growth Equity ETF Price Performance

Capital Group Global Growth Equity ETF stock opened at $30.15 on Thursday. Capital Group Global Growth Equity ETF has a 1 year low of $26.31 and a 1 year high of $30.94. The firm’s 50 day moving average price is $29.90 and its 200-day moving average price is $29.65. The stock has a market cap of $3.57 billion, a P/E ratio of 26.27 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.