Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Shares Sold by West Michigan Advisors LLC

West Michigan Advisors LLC lessened its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 211,638 shares of the company’s stock after selling 12,216 shares during the period. Capital Group Global Growth Equity ETF accounts for approximately 1.9% of West Michigan Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. West Michigan Advisors LLC’s holdings in Capital Group Global Growth Equity ETF were worth $6,184,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CGGO. Creative Planning boosted its holdings in shares of Capital Group Global Growth Equity ETF by 23.0% during the third quarter. Creative Planning now owns 36,526 shares of the company’s stock valued at $1,101,000 after acquiring an additional 6,835 shares during the period. Financial Advocates Investment Management grew its position in shares of Capital Group Global Growth Equity ETF by 1.1% during the third quarter. Financial Advocates Investment Management now owns 43,615 shares of the company’s stock worth $1,315,000 after acquiring an additional 467 shares during the last quarter. Stephens Inc. AR grew its position in shares of Capital Group Global Growth Equity ETF by 1.8% during the third quarter. Stephens Inc. AR now owns 550,012 shares of the company’s stock worth $16,583,000 after acquiring an additional 9,572 shares during the last quarter. Principal Securities Inc. grew its position in shares of Capital Group Global Growth Equity ETF by 34.1% during the third quarter. Principal Securities Inc. now owns 121,440 shares of the company’s stock worth $3,661,000 after acquiring an additional 30,859 shares during the last quarter. Finally, Lodestone Wealth Management LLC grew its position in shares of Capital Group Global Growth Equity ETF by 19.5% during the third quarter. Lodestone Wealth Management LLC now owns 18,871 shares of the company’s stock worth $569,000 after acquiring an additional 3,074 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Capital Group Global Growth Equity ETF stock opened at $29.66 on Friday. The company has a 50-day simple moving average of $30.00 and a 200-day simple moving average of $29.89. The firm has a market capitalization of $5.19 billion, a P/E ratio of 24.83 and a beta of 0.96. Capital Group Global Growth Equity ETF has a one year low of $26.52 and a one 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.