Axxcess Wealth Management LLC Cuts Stock Position in Capital Group Global Growth Equity ETF $CGGO

Axxcess Wealth Management LLC lessened its holdings in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 49.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,088 shares of the company’s stock after selling 64,411 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $2,239,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Pflug Koory LLC purchased a new stake in Capital Group Global Growth Equity ETF during the 4th quarter worth approximately $25,000. Miller Capital Partners Inc. purchased a new position in Capital Group Global Growth Equity ETF in the 4th quarter valued at approximately $41,000. CoreCap Advisors LLC boosted its position 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 valued at $42,000 after buying an additional 319 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 126.0% in the fourth 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 in the last quarter. Finally, TD Capital Management LLC acquired a new position in shares of Capital Group Global Growth Equity ETF in the fourth quarter worth $48,000.

Capital Group Global Growth Equity ETF Trading Down 0.2%

Shares of NYSEARCA CGGO opened at $40.62 on Thursday. The stock has a market cap of $11.52 billion, a P/E ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 12-month low of $31.67 and a 12-month high of $42.88. The business’s fifty day simple moving average is $40.28 and its 200-day simple moving average is $37.28.

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.