Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Shares Sold by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. lessened its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 28.2% during the fourth quarter, HoldingsChannel reports. The firm owned 46,621 shares of the company’s stock after selling 18,309 shares during the quarter. Capital Group Global Growth Equity ETF accounts for approximately 0.7% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its 17th largest holding. Ergawealth Advisors Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $1,200,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Octavia Wealth Advisors LLC acquired a new position in shares of Capital Group Global Growth Equity ETF during the 4th quarter valued at about $255,000. Simplicity Solutions LLC raised its stake in Capital Group Global Growth Equity ETF by 9.5% during the fourth quarter. Simplicity Solutions LLC now owns 430,729 shares of the company’s stock worth $11,083,000 after purchasing an additional 37,238 shares during the period. Financial Council Asset Management Inc boosted its holdings in shares of Capital Group Global Growth Equity ETF by 4.9% in the 4th quarter. Financial Council Asset Management Inc now owns 1,074,207 shares of the company’s stock valued at $27,639,000 after purchasing an additional 49,874 shares during the last quarter. Cerity Partners LLC purchased a new stake in shares of Capital Group Global Growth Equity ETF during the 4th quarter valued at $611,000. Finally, Pinnacle Bancorp Inc. increased its holdings in shares of 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 worth $39,000 after buying an additional 900 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

CGGO stock traded up $0.02 during trading on Tuesday, reaching $27.88. 696,766 shares of the stock traded hands, compared to its average volume of 618,085. The firm has a market capitalization of $2.11 billion, a PE ratio of 18.64 and a beta of 0.99. The business’s 50 day moving average price is $28.17 and its 200-day moving average price is $25.83. Capital Group Global Growth Equity ETF has a 52-week low of $22.08 and a 52-week high of $29.05.

About Capital Group Global Growth Equity ETF

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.