Axxcess Wealth Management LLC Decreases Stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Axxcess Wealth Management LLC reduced its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 8.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 247,323 shares of the company’s stock after selling 23,231 shares during the period. Axxcess Wealth Management LLC owned about 0.21% of Capital Group Global Growth Equity ETF worth $7,227,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in Capital Group Global Growth Equity ETF by 40.8% in the 4th 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 period. HB Wealth Management LLC purchased a new position in shares of Capital Group Global Growth Equity ETF during the fourth quarter valued at approximately $206,000. IFP Advisors Inc increased its stake in shares of 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 buying an additional 520 shares during the period. Truist Financial Corp increased its stake in shares of Capital Group Global Growth Equity ETF by 61.3% during the fourth quarter. Truist Financial Corp now owns 54,028 shares of the company’s stock valued at $1,579,000 after buying an additional 20,543 shares during the period. Finally, Rothschild Investment LLC increased its stake in shares of Capital Group Global Growth Equity ETF by 17.1% during the fourth quarter. Rothschild Investment LLC now owns 5,810 shares of the company’s stock valued at $170,000 after buying an additional 850 shares during the period.

Capital Group Global Growth Equity ETF Stock Performance

CGGO opened at $29.22 on Tuesday. Capital Group Global Growth Equity ETF has a 52-week low of $26.52 and a 52-week high of $30.94. The stock has a market capitalization of $5.19 billion, a PE ratio of 24.05 and a beta of 0.97. The stock’s 50 day moving average price is $29.88 and its 200-day moving average price is $29.85.

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.