Kingsview Wealth Management LLC Sells 16,650 Shares of Capital Group Global Growth Equity ETF $CGGO

Kingsview Wealth Management LLC decreased its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 57.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,098 shares of the company’s stock after selling 16,650 shares during the period. Kingsview Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $419,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the business. Capital Group Private Client Services Inc. increased its position in shares of Capital Group Global Growth Equity ETF by 11.3% during the third quarter. Capital Group Private Client Services Inc. now owns 20,278,872 shares of the company’s stock worth $692,929,000 after purchasing an additional 2,058,313 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Capital Group Global Growth Equity ETF by 0.6% during the second quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock worth $385,555,000 after purchasing an additional 71,961 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Capital Group Global Growth Equity ETF by 2.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 11,018,745 shares of the company’s stock worth $376,511,000 after purchasing an additional 257,982 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Capital Group Global Growth Equity ETF by 29.0% during the third quarter. Envestnet Asset Management Inc. now owns 9,209,394 shares of the company’s stock worth $314,685,000 after purchasing an additional 2,068,733 shares in the last quarter. Finally, UBS Group AG increased its position in shares of Capital Group Global Growth Equity ETF by 4.2% during the fourth quarter. UBS Group AG now owns 4,032,146 shares of the company’s stock worth $139,714,000 after purchasing an additional 162,049 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Down 0.8%

Shares of CGGO stock opened at $41.36 on Thursday. The business’s fifty day simple moving average is $37.44 and its 200-day simple moving average is $36.08. The company has a market cap of $11.19 billion, a PE ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 12-month low of $30.54 and a 12-month high of $41.74.

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.