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

KMG Fiduciary Partners LLC lowered its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 6.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 25,616 shares of the company’s stock after selling 1,838 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Capital Group Global Growth Equity ETF were worth $726,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGGO. Wintrust Investments LLC boosted its stake in Capital Group Global Growth Equity ETF by 98.2% during the 4th quarter. Wintrust Investments LLC now owns 1,578 shares of the company’s stock valued at $46,000 after purchasing an additional 782 shares during the last quarter. IFP Advisors Inc raised its holdings in Capital Group Global Growth Equity ETF by 40.5% during the fourth quarter. IFP Advisors Inc now owns 1,804 shares of the company’s stock valued at $53,000 after acquiring an additional 520 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Capital Group Global Growth Equity ETF by 51.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,901 shares of the company’s stock valued at $82,000 after acquiring an additional 980 shares during the period. Larson Financial Group LLC increased its stake in Capital Group Global Growth Equity ETF by 11.7% during the fourth quarter. Larson Financial Group LLC now owns 3,250 shares of the company’s stock worth $95,000 after acquiring an additional 340 shares during the last quarter. Finally, Global Retirement Partners LLC increased its stake in Capital Group Global Growth Equity ETF by 38.0% during the fourth quarter. Global Retirement Partners LLC now owns 5,343 shares of the company’s stock worth $156,000 after acquiring an additional 1,471 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of NYSEARCA CGGO opened at $31.14 on Monday. The business’s 50 day moving average is $28.82 and its two-hundred day moving average is $29.45. Capital Group Global Growth Equity ETF has a 1-year low of $24.67 and a 1-year high of $31.22. The stock has a market capitalization of $5.97 billion, a P/E ratio of 23.61 and a beta of 0.96.

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.