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

Ridgeline Wealth Planning LLC bought a new stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 415,422 shares of the company’s stock, valued at approximately $12,139,000. Capital Group Global Growth Equity ETF comprises approximately 11.6% of Ridgeline Wealth Planning LLC’s holdings, making the stock its 3rd biggest holding. Ridgeline Wealth Planning LLC owned about 0.35% of Capital Group Global Growth Equity ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. First Horizon Advisors Inc. lifted its holdings in shares of Capital Group Global Growth Equity ETF by 894.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,621 shares of the company’s stock worth $49,000 after acquiring an additional 1,458 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in Capital Group Global Growth Equity ETF by 40.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,921 shares of the company’s stock valued at $56,000 after purchasing an additional 557 shares during the period. Geneos Wealth Management Inc. raised its position in Capital Group Global Growth Equity ETF by 73.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,303 shares of the company’s stock valued at $67,000 after purchasing an additional 972 shares during the period. Barrett & Company Inc. lifted its stake in Capital Group Global Growth Equity ETF by 643.9% during the third quarter. Barrett & Company Inc. now owns 2,455 shares of the company’s stock worth $74,000 after purchasing an additional 2,125 shares in the last quarter. Finally, Private Trust Co. NA boosted its position in shares of Capital Group Global Growth Equity ETF by 45.6% during the third quarter. Private Trust Co. NA now owns 3,308 shares of the company’s stock worth $100,000 after buying an additional 1,036 shares during the period.

Capital Group Global Growth Equity ETF Trading Down 0.1 %

Shares of NYSEARCA CGGO opened at $30.54 on Wednesday. The stock has a market capitalization of $3.61 billion, a PE 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. The stock has a fifty day simple moving average of $29.99 and a 200-day simple moving average of $29.72.

About Capital Group Global Growth Equity ETF

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.