Corient Private Wealth LLC Sells 16,992 Shares of Capital Group Global Growth Equity ETF $CGGO

Corient Private Wealth LLC lessened its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 2.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 707,316 shares of the company’s stock after selling 16,992 shares during the period. Corient Private Wealth LLC owned approximately 0.34% of Capital Group Global Growth Equity ETF worth $22,613,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 0.6% in the second quarter. Raymond James Financial Inc. now owns 12,059,891 shares of the company’s stock worth $385,555,000 after acquiring an additional 71,961 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Capital Group Global Growth Equity ETF by 5.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 10,746,718 shares of the company’s stock valued at $304,455,000 after purchasing an additional 601,927 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Capital Group Global Growth Equity ETF by 25.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,140,661 shares of the company’s stock valued at $228,287,000 after purchasing an additional 1,431,332 shares during the last quarter. Cetera Investment Advisers increased its stake in Capital Group Global Growth Equity ETF by 81.9% during the 2nd quarter. Cetera Investment Advisers now owns 5,855,934 shares of the company’s stock valued at $187,214,000 after purchasing an additional 2,636,977 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in Capital Group Global Growth Equity ETF by 3.3% in the second quarter. Commonwealth Equity Services LLC now owns 5,013,064 shares of the company’s stock worth $160,268,000 after buying an additional 160,219 shares during the last quarter.

Capital Group Global Growth Equity ETF Stock Down 1.3%

NYSEARCA:CGGO opened at $34.01 on Thursday. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 22.37 and a beta of 0.96. The company’s 50 day moving average price is $34.47 and its 200-day moving average price is $33.21. Capital Group Global Growth Equity ETF has a 52 week low of $24.67 and a 52 week high of $35.60.

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.