Oarsman Capital Inc. Lowers Stock Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Oarsman Capital Inc. trimmed its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGOFree Report) by 14.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,828 shares of the company’s stock after selling 637 shares during the period. Oarsman Capital Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $112,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Capital Group Global Growth Equity ETF in the fourth quarter valued at approximately $358,139,000. LPL Financial LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 21.8% in the 4th quarter. LPL Financial LLC now owns 6,745,848 shares of the company’s stock valued at $197,114,000 after buying an additional 1,209,008 shares during the period. Janney Montgomery Scott LLC acquired a new position in Capital Group Global Growth Equity ETF during the 4th quarter worth about $25,973,000. Forge Financial Services LLC purchased a new position in Capital Group Global Growth Equity ETF during the 4th quarter valued at about $22,075,000. Finally, Commonwealth Equity Services LLC grew its position in Capital Group Global Growth Equity ETF by 15.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 3,904,641 shares of the company’s stock valued at $114,094,000 after acquiring an additional 520,373 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA CGGO opened at $25.88 on Friday. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 23.85 and a beta of 0.96. The firm has a 50 day simple moving average of $29.54 and a 200-day simple moving average of $29.80. Capital Group Global Growth Equity ETF has a one year low of $25.86 and a one year high of $30.94.

Capital Group Global Growth Equity ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CGGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Global Growth Equity ETF (NYSEARCA:CGGOFree Report).

Institutional Ownership by Quarter for Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

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