Principle Wealth Partners LLC Trims Stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Principle Wealth Partners LLC decreased its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 444,245 shares of the company’s stock after selling 26,927 shares during the period. Capital Group Global Growth Equity ETF accounts for 0.9% of Principle Wealth Partners LLC’s investment portfolio, making the stock its 26th biggest position. Principle Wealth Partners LLC owned approximately 0.38% of Capital Group Global Growth Equity ETF worth $12,981,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. First Horizon Advisors Inc. boosted its position in Capital Group Global Growth Equity ETF by 894.5% during the third quarter. First Horizon Advisors Inc. now owns 1,621 shares of the company’s stock worth $49,000 after acquiring an additional 1,458 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Capital Group Global Growth Equity ETF by 40.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,921 shares of the company’s stock worth $56,000 after purchasing an additional 557 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Capital Group Global Growth Equity ETF by 73.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,303 shares of the company’s stock valued at $67,000 after purchasing an additional 972 shares during the period. Barrett & Company Inc. increased its stake in Capital Group Global Growth Equity ETF by 643.9% in the third quarter. Barrett & Company Inc. now owns 2,455 shares of the company’s stock valued at $74,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Private Trust Co. NA lifted its position in Capital Group Global Growth Equity ETF by 45.6% during the third quarter. Private Trust Co. NA now owns 3,308 shares of the company’s stock worth $100,000 after buying an additional 1,036 shares during the period.

Capital Group Global Growth Equity ETF Price Performance

CGGO opened at $30.57 on Tuesday. Capital Group Global Growth Equity ETF has a 12 month low of $26.52 and a 12 month high of $30.94. The business has a 50-day moving average of $29.98 and a two-hundred day moving average of $29.71. The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02.

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.