Saxony Capital Management LLC Has $1.67 Million Position in Capital Group Global Growth Equity ETF $CGGO

Saxony Capital Management LLC increased its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 67.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 48,218 shares of the company’s stock after purchasing an additional 19,490 shares during the period. Saxony Capital Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $1,671,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CGGO. Brighton Jones LLC bought a new position in Capital Group Global Growth Equity ETF in the 4th quarter worth approximately $243,000. Goldman Sachs Group Inc. boosted its position in shares of Capital Group Global Growth Equity ETF by 84.9% in the first quarter. Goldman Sachs Group Inc. now owns 79,640 shares of the company’s stock valued at $2,256,000 after acquiring an additional 36,578 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Capital Group Global Growth Equity ETF by 1,057.5% in the second quarter. JPMorgan Chase & Co. now owns 211,635 shares of the company’s stock valued at $6,766,000 after acquiring an additional 193,351 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Capital Group Global Growth Equity ETF in the second quarter worth $244,000. Finally, Beacon Pointe Advisors LLC acquired a new stake in shares of Capital Group Global Growth Equity ETF in the second quarter worth $5,383,000.

Capital Group Global Growth Equity ETF Trading Down 1.4%

Shares of CGGO stock opened at $32.11 on Tuesday. The firm has a market capitalization of $7.83 billion, a P/E ratio of 22.37 and a beta of 0.96. Capital Group Global Growth Equity ETF has a 1 year low of $24.67 and a 1 year high of $37.10. The firm’s fifty day simple moving average is $35.59 and its 200 day simple moving average is $34.97.

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.