Capital & Planning LLC Reduces Position in Capital Group Global Growth Equity ETF $CGGO

Capital & Planning LLC cut its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 6.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,632 shares of the company’s stock after selling 1,020 shares during the period. Capital & Planning LLC’s holdings in Capital Group Global Growth Equity ETF were worth $472,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. CX Institutional purchased a new position in shares of Capital Group Global Growth Equity ETF during the 1st quarter valued at about $26,000. US Bancorp DE increased its holdings in Capital Group Global Growth Equity ETF by 115.7% in the 1st quarter. US Bancorp DE now owns 1,512 shares of the company’s stock worth $43,000 after acquiring an additional 811 shares in the last quarter. Allworth Financial LP increased its holdings in Capital Group Global Growth Equity ETF by 58.2% in the 1st quarter. Allworth Financial LP now owns 2,172 shares of the company’s stock worth $61,000 after acquiring an additional 799 shares in the last quarter. IFP Advisors Inc lifted its holdings in Capital Group Global Growth Equity ETF by 31.2% during the first quarter. IFP Advisors Inc now owns 2,367 shares of the company’s stock valued at $67,000 after purchasing an additional 563 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Capital Group Global Growth Equity ETF by 51.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,901 shares of the company’s stock valued at $82,000 after purchasing an additional 980 shares in the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of NYSEARCA:CGGO opened at $34.66 on Friday. Capital Group Global Growth Equity ETF has a 1-year low of $24.67 and a 1-year high of $34.75. The firm’s 50 day simple moving average is $33.07 and its two-hundred day simple moving average is $30.98. The company has a market capitalization of $7.16 billion, a P/E ratio of 22.37 and a beta of 0.99.

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.