Renaissance Technologies LLC Reduces Holdings in Capital Group Global Growth Equity ETF $CGGO

Renaissance Technologies LLC reduced its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 73.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,700 shares of the company’s stock after selling 29,700 shares during the quarter. Renaissance Technologies LLC’s holdings in Capital Group Global Growth Equity ETF were worth $357,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Bleakley Financial Group LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 7.9% in the 4th quarter. Bleakley Financial Group LLC now owns 497,148 shares of the company’s stock valued at $17,226,000 after purchasing an additional 36,497 shares during the period. Cullen Frost Bankers Inc. lifted its stake in Capital Group Global Growth Equity ETF by 25.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 137,291 shares of the company’s stock valued at $4,757,000 after buying an additional 28,249 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Capital Group Global Growth Equity ETF by 18.7% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 130,217 shares of the company’s stock valued at $4,512,000 after acquiring an additional 20,526 shares during the period. World Investment Advisors boosted its holdings in shares of Capital Group Global Growth Equity ETF by 87.3% in the fourth quarter. World Investment Advisors now owns 52,215 shares of the company’s stock valued at $1,809,000 after acquiring an additional 24,332 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of Capital Group Global Growth Equity ETF by 23.2% during the first quarter. Janney Montgomery Scott LLC now owns 1,085,698 shares of the company’s stock worth $36,230,000 after acquiring an additional 204,656 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

Shares of Capital Group Global Growth Equity ETF stock opened at $40.58 on Wednesday. The firm’s fifty day simple moving average is $40.60 and its 200-day simple moving average is $38.17. The stock has a market capitalization of $11.75 billion, a price-to-earnings ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 12 month low of $31.94 and a 12 month high of $42.88.

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.