Ridgeline Wealth Planning LLC Makes New Investment in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Ridgeline Wealth Planning LLC purchased a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 415,422 shares of the company’s stock, valued at approximately $12,139,000. Capital Group Global Growth Equity ETF makes up 11.6% of Ridgeline Wealth Planning LLC’s portfolio, making the stock its 3rd biggest holding.

Other institutional investors have also modified their holdings of the company. Truist Financial Corp grew its position in shares of Capital Group Global Growth Equity ETF by 27.9% during the second quarter. Truist Financial Corp now owns 16,235 shares of the company’s stock worth $478,000 after buying an additional 3,542 shares in the last quarter. CWM LLC lifted its stake in Capital Group Global Growth Equity ETF by 12.3% in the third quarter. CWM LLC now owns 42,287 shares of the company’s stock worth $1,275,000 after acquiring an additional 4,623 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its stake in Capital Group Global Growth Equity ETF by 70.9% in the third quarter. Concourse Financial Group Securities Inc. now owns 23,554 shares of the company’s stock worth $710,000 after acquiring an additional 9,774 shares during the last quarter. Creative Planning grew its holdings in Capital Group Global Growth Equity ETF by 23.0% during the 3rd quarter. Creative Planning now owns 36,526 shares of the company’s stock worth $1,101,000 after acquiring an additional 6,835 shares in the last quarter. Finally, Bill Few Associates Inc. increased its position in shares of Capital Group Global Growth Equity ETF by 25.0% in the 3rd quarter. Bill Few Associates Inc. now owns 56,954 shares of the company’s stock valued at $1,717,000 after purchasing an additional 11,373 shares during the last quarter.

Capital Group Global Growth Equity ETF Trading Down 0.1 %

Shares of CGGO opened at $30.54 on Wednesday. The firm’s fifty day simple moving average is $29.99 and its 200-day simple moving average is $29.72. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 26.27 and a beta of 1.02. Capital Group Global Growth Equity ETF has a twelve month low of $26.52 and a twelve month high of $30.94.

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.