Ruggaard & Associates LLC Sells 19,543 Shares of Capital Group Global Growth Equity ETF $CGGO

Ruggaard & Associates LLC cut its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 7.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 247,414 shares of the company’s stock after selling 19,543 shares during the quarter. Capital Group Global Growth Equity ETF makes up approximately 3.4% of Ruggaard & Associates LLC’s investment portfolio, making the stock its 11th biggest holding. Ruggaard & Associates LLC’s holdings in Capital Group Global Growth Equity ETF were worth $8,573,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Axxcess Wealth Management LLC increased its holdings in Capital Group Global Growth Equity ETF by 2.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 131,499 shares of the company’s stock worth $4,556,000 after purchasing an additional 2,729 shares during the period. Corient Private Wealth LLC raised its position in Capital Group Global Growth Equity ETF by 2,846.3% during the 4th quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock valued at $700,335,000 after purchasing an additional 19,525,691 shares in the last quarter. Ameriflex Group Inc. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 47.5% in the 4th quarter. Ameriflex Group Inc. now owns 1,401 shares of the company’s stock worth $49,000 after buying an additional 451 shares during the period. High Falls Advisors Inc lifted its holdings in shares of Capital Group Global Growth Equity ETF by 7.0% in the 4th quarter. High Falls Advisors Inc now owns 9,251 shares of the company’s stock worth $321,000 after buying an additional 606 shares during the period. Finally, Summit Global Investments grew its position in shares of Capital Group Global Growth Equity ETF by 8.4% during the 4th quarter. Summit Global Investments now owns 14,668 shares of the company’s stock worth $508,000 after buying an additional 1,134 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Up 2.6%

CGGO opened at $42.45 on Friday. The company has a market capitalization of $11.49 billion, a price-to-earnings ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 12-month low of $30.54 and a 12-month high of $42.57. The business’s fifty day simple moving average is $38.99 and its 200-day simple moving average is $36.61.

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.