Ergawealth Advisors Inc. Sells 2,339 Shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Ergawealth Advisors Inc. decreased its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 7.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,442 shares of the company’s stock after selling 2,339 shares during the period. Capital Group Global Growth Equity ETF comprises 0.4% of Ergawealth Advisors Inc.’s portfolio, making the stock its 27th biggest holding. Ergawealth Advisors Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $802,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGGO. Janney Montgomery Scott LLC bought a new position in Capital Group Global Growth Equity ETF during the fourth quarter worth about $25,973,000. LPL Financial LLC increased its holdings in shares of Capital Group Global Growth Equity ETF by 15.2% during the third quarter. LPL Financial LLC now owns 5,536,840 shares of the company’s stock worth $166,936,000 after buying an additional 732,035 shares in the last quarter. Prospera Financial Services Inc increased its holdings in shares of Capital Group Global Growth Equity ETF by 373.7% during the third quarter. Prospera Financial Services Inc now owns 699,376 shares of the company’s stock worth $21,086,000 after buying an additional 551,749 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in shares of Capital Group Global Growth Equity ETF during the third quarter worth approximately $12,648,000. Finally, Ridgeline Wealth Planning LLC acquired a new stake in shares of Capital Group Global Growth Equity ETF during the fourth quarter worth approximately $12,139,000.

Capital Group Global Growth Equity ETF Trading Down 1.9 %

NYSEARCA CGGO opened at $29.42 on Friday. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. The company has a 50 day moving average of $30.00 and a 200-day moving average of $29.88. Capital Group Global Growth Equity ETF has a 1-year low of $26.52 and a 1-year high of $30.94.

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.