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

Axxcess Wealth Management LLC raised its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 104.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 263,048 shares of the company’s stock after acquiring an additional 134,278 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $9,115,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Capital Group Private Client Services Inc. raised its position in Capital Group Global Growth Equity ETF by 11.3% in the third quarter. Capital Group Private Client Services Inc. now owns 20,278,872 shares of the company’s stock worth $692,929,000 after acquiring an additional 2,058,313 shares during the period. Raymond James Financial Inc. raised its position in Capital Group Global Growth Equity ETF by 0.6% in the second quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock worth $385,555,000 after acquiring an additional 71,961 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Capital Group Global Growth Equity ETF by 2.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 11,018,745 shares of the company’s stock worth $376,511,000 after acquiring an additional 257,982 shares during the period. Envestnet Asset Management Inc. raised its position in Capital Group Global Growth Equity ETF by 29.0% in the third quarter. Envestnet Asset Management Inc. now owns 9,209,394 shares of the company’s stock worth $314,685,000 after acquiring an additional 2,068,733 shares during the period. Finally, UBS Group AG raised its position in Capital Group Global Growth Equity ETF by 4.2% in the fourth quarter. UBS Group AG now owns 4,032,146 shares of the company’s stock worth $139,714,000 after acquiring an additional 162,049 shares during the period.

Capital Group Global Growth Equity ETF Trading Down 0.4%

CGGO opened at $39.36 on Friday. Capital Group Global Growth Equity ETF has a 1-year low of $29.82 and a 1-year high of $40.04. The company has a market capitalization of $10.65 billion, a PE ratio of 22.37 and a beta of 1.01. The firm’s 50 day simple moving average is $36.41 and its two-hundred day simple moving average is $35.71.

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.