Northwestern Mutual Wealth Management Co. Sells 10,848,183 Shares of Capital Group Global Growth Equity ETF $CGGO

Northwestern Mutual Wealth Management Co. reduced its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 98.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 170,562 shares of the company’s stock after selling 10,848,183 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Capital Group Global Growth Equity ETF were worth $5,910,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in CGGO. Pflug Koory LLC bought a new position in Capital Group Global Growth Equity ETF in the 4th quarter worth about $25,000. CoreCap Advisors LLC increased its stake in Capital Group Global Growth Equity ETF by 35.4% in the 4th quarter. CoreCap Advisors LLC now owns 1,219 shares of the company’s stock worth $42,000 after acquiring an additional 319 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in Capital Group Global Growth Equity ETF by 126.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,268 shares of the company’s stock worth $44,000 after acquiring an additional 707 shares during the last quarter. Huntington National Bank bought a new position in Capital Group Global Growth Equity ETF in the 3rd quarter worth about $48,000. Finally, Richardson Capital Management LLC increased its stake in Capital Group Global Growth Equity ETF by 658.0% in the 3rd quarter. Richardson Capital Management LLC now owns 1,425 shares of the company’s stock worth $49,000 after acquiring an additional 1,237 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Down 0.4%

Shares of NYSEARCA CGGO opened at $39.36 on Friday. The firm has a market capitalization of $10.65 billion, a P/E ratio of 22.37 and a beta of 1.01. The stock’s 50-day simple moving average is $36.41 and its two-hundred day simple moving average is $35.71. Capital Group Global Growth Equity ETF has a twelve month low of $29.82 and a twelve month high of $40.04.

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.