FinDec Wealth Services Inc. Sells 17,850 Shares of Capital Group Global Growth Equity ETF $CGGO

FinDec Wealth Services Inc. cut its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 63.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,126 shares of the company’s stock after selling 17,850 shares during the quarter. Capital Group Global Growth Equity ETF accounts for about 0.3% of FinDec Wealth Services Inc.’s investment portfolio, making the stock its 25th largest holding. FinDec Wealth Services Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its position in Capital Group Global Growth Equity ETF by 5.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 10,746,718 shares of the company’s stock valued at $304,455,000 after buying an additional 601,927 shares during the period. LPL Financial LLC grew its position in Capital Group Global Growth Equity ETF by 33.9% during the first quarter. LPL Financial LLC now owns 9,035,420 shares of the company’s stock valued at $255,973,000 after buying an additional 2,289,572 shares during the period. Envestnet Asset Management Inc. grew its position in Capital Group Global Growth Equity ETF by 18.4% during the first quarter. Envestnet Asset Management Inc. now owns 5,709,329 shares of the company’s stock valued at $161,745,000 after buying an additional 885,476 shares during the period. Commonwealth Equity Services LLC grew its position in Capital Group Global Growth Equity ETF by 24.3% during the first quarter. Commonwealth Equity Services LLC now owns 4,852,845 shares of the company’s stock valued at $137,481,000 after buying an additional 948,204 shares during the period. Finally, Cetera Investment Advisers grew its position in Capital Group Global Growth Equity ETF by 15.7% during the first quarter. Cetera Investment Advisers now owns 3,218,957 shares of the company’s stock valued at $91,193,000 after buying an additional 436,832 shares during the period.

Capital Group Global Growth Equity ETF Trading Down 2.7%

Shares of NYSEARCA CGGO opened at $33.63 on Friday. The firm has a 50 day moving average of $33.33 and a 200 day moving average of $31.20. The firm has a market capitalization of $7.35 billion, a price-to-earnings ratio of 22.37 and a beta of 0.99. Capital Group Global Growth Equity ETF has a 12-month low of $24.67 and a 12-month high of $34.89.

Capital Group Global Growth Equity ETF 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.