McNamara Financial Services Inc. Cuts Stock Position in Capital Group Global Growth Equity ETF $CGGO

McNamara Financial Services Inc. cut its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 44.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,738 shares of the company’s stock after selling 9,515 shares during the quarter. McNamara Financial Services Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $375,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC purchased a new stake in shares of Capital Group Global Growth Equity ETF during the first quarter worth about $664,000. CX Institutional purchased a new stake in Capital Group Global Growth Equity ETF during the 1st quarter valued at approximately $26,000. Kestra Private Wealth Services LLC bought a new stake in shares of Capital Group Global Growth Equity ETF during the first quarter valued at approximately $767,000. KWB Wealth lifted its holdings in shares of Capital Group Global Growth Equity ETF by 44.8% in the second quarter. KWB Wealth now owns 176,010 shares of the company’s stock worth $5,627,000 after buying an additional 54,470 shares in the last quarter. Finally, HB Wealth Management LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 15.4% during the second quarter. HB Wealth Management LLC now owns 11,593 shares of the company’s stock worth $371,000 after acquiring an additional 1,543 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

Shares of NYSEARCA CGGO opened at $33.63 on Monday. The company has a market cap of $7.35 billion, a P/E ratio of 22.37 and a beta of 0.99. Capital Group Global Growth Equity ETF has a 52-week low of $24.67 and a 52-week high of $34.89. The firm’s fifty day moving average is $33.33 and its two-hundred day moving average is $31.23.

About Capital Group Global Growth Equity ETF

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.