Axxcess Wealth Management LLC Trims Stake in Capital Group Global Growth Equity ETF $CGGO

Axxcess Wealth Management LLC lessened its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 49.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,088 shares of the company’s stock after selling 64,411 shares during the period. Axxcess Wealth Management LLC’s holdings in Capital Group Global Growth Equity ETF were worth $2,239,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Capital Group Private Client Services Inc. raised its stake in shares of Capital Group Global Growth Equity ETF by 4.1% in the 4th quarter. Capital Group Private Client Services Inc. now owns 21,118,680 shares of the company’s stock valued at $731,762,000 after acquiring an additional 839,808 shares during the period. Corient Private Wealth LLC boosted its position in shares of Capital Group Global Growth Equity ETF by 2,846.3% during the 4th quarter. Corient Private Wealth LLC now owns 20,211,701 shares of the company’s stock worth $700,335,000 after purchasing an additional 19,525,691 shares during the period. LPL Financial LLC increased its holdings in Capital Group Global Growth Equity ETF by 14.9% in the 4th quarter. LPL Financial LLC now owns 15,068,808 shares of the company’s stock valued at $522,134,000 after purchasing an additional 1,958,085 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Capital Group Global Growth Equity ETF by 9.3% in the 4th quarter. Raymond James Financial Inc. now owns 13,130,315 shares of the company’s stock valued at $454,965,000 after purchasing an additional 1,121,445 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Capital Group Global Growth Equity ETF by 0.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,053,425 shares of the company’s stock valued at $383,001,000 after purchasing an additional 34,680 shares during the period.

Capital Group Global Growth Equity ETF Stock Down 0.2%

NYSEARCA:CGGO opened at $40.62 on Thursday. The stock’s fifty day moving average is $40.28 and its two-hundred day moving average is $37.28. Capital Group Global Growth Equity ETF has a 52 week low of $31.67 and a 52 week high of $42.88. The stock has a market capitalization of $11.52 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01.

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.