Wedbush Securities Inc. Has $215,000 Position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Wedbush Securities Inc. lessened its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 6.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,306 shares of the company’s stock after selling 478 shares during the period. Wedbush Securities Inc.’s holdings in Capital Group Global Growth Equity ETF were worth $215,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC grew its position in shares of Capital Group Global Growth Equity ETF by 33.7% in the fourth quarter. International Assets Investment Management LLC now owns 17,378 shares of the company’s stock valued at $447,000 after purchasing an additional 4,381 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Capital Group Global Growth Equity ETF by 7.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 29,782 shares of the company’s stock worth $766,000 after purchasing an additional 2,001 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 46.3% during the fourth quarter. Avantax Advisory Services Inc. now owns 40,088 shares of the company’s stock worth $1,031,000 after buying an additional 12,680 shares during the last quarter. Financial Advocates Investment Management boosted its position in shares of Capital Group Global Growth Equity ETF by 1.8% in the fourth quarter. Financial Advocates Investment Management now owns 45,990 shares of the company’s stock valued at $1,183,000 after acquiring an additional 801 shares during the period. Finally, UBS Group AG grew its stake in shares of Capital Group Global Growth Equity ETF by 6.1% in the fourth quarter. UBS Group AG now owns 3,225,544 shares of the company’s stock worth $82,993,000 after acquiring an additional 184,039 shares during the last quarter.

Capital Group Global Growth Equity ETF Price Performance

NYSEARCA:CGGO opened at $29.44 on Monday. Capital Group Global Growth Equity ETF has a one year low of $22.08 and a one year high of $30.50. The company has a fifty day moving average price of $29.12 and a 200 day moving average price of $28.97. The stock has a market cap of $3.48 billion, a P/E ratio of 26.27 and a beta of 1.02.

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.