Capital Group Global Growth Equity ETF $CGGO is Ridgeline Wealth Planning LLC’s 3rd Largest Position

Ridgeline Wealth Planning LLC lessened its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 336,017 shares of the company’s stock after selling 60,523 shares during the quarter. Capital Group Global Growth Equity ETF accounts for 8.3% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 3rd largest position. Ridgeline Wealth Planning LLC owned approximately 0.14% of Capital Group Global Growth Equity ETF worth $11,643,000 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 stock. Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group Global Growth Equity ETF by 11.3% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 20,278,872 shares of the company’s stock valued at $692,929,000 after purchasing an additional 2,058,313 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Capital Group Global Growth Equity ETF by 0.6% in the 2nd quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock valued at $385,555,000 after purchasing an additional 71,961 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Global Growth Equity ETF by 2.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 11,018,745 shares of the company’s stock valued at $376,511,000 after purchasing an additional 257,982 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Global Growth Equity ETF by 29.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,209,394 shares of the company’s stock valued at $314,685,000 after purchasing an additional 2,068,733 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Capital Group Global Growth Equity ETF by 4.2% in the 4th quarter. UBS Group AG now owns 4,032,146 shares of the company’s stock valued at $139,714,000 after purchasing an additional 162,049 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Up 2.0%

Shares of CGGO opened at $39.66 on Friday. The company has a 50-day simple moving average of $35.66 and a 200-day simple moving average of $35.39. The company has a market capitalization of $10.73 billion, a PE ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a 52-week low of $29.17 and a 52-week high of $39.68.

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.