Ameritas Advisory Services LLC Trims Holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO)

Ameritas Advisory Services LLC lowered its stake in shares of Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 15.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 127,722 shares of the company’s stock after selling 22,741 shares during the period. Ameritas Advisory Services LLC owned approximately 0.11% of Capital Group Global Growth Equity ETF worth $3,851,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Thoroughbred Financial Services LLC boosted its stake in shares of Capital Group Global Growth Equity ETF by 17.0% in the second quarter. Thoroughbred Financial Services LLC now owns 20,592 shares of the company’s stock valued at $606,000 after purchasing an additional 2,995 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of Capital Group Global Growth Equity ETF by 7.0% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 31,877 shares of the company’s stock worth $918,000 after acquiring an additional 2,095 shares in the last quarter. PFG Advisors grew its stake in shares of Capital Group Global Growth Equity ETF by 9.6% in the first quarter. PFG Advisors now owns 46,020 shares of the company’s stock worth $1,325,000 after acquiring an additional 4,047 shares in the last quarter. First Heartland Consultants Inc. purchased a new stake in shares of Capital Group Global Growth Equity ETF during the second quarter worth $232,000. Finally, Souders Financial Advisors raised its stake in shares of Capital Group Global Growth Equity ETF by 3.3% in the second quarter. Souders Financial Advisors now owns 248,961 shares of the company’s stock valued at $7,329,000 after acquiring an additional 7,977 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Up 1.5 %

NYSEARCA:CGGO opened at $29.87 on Wednesday. The stock has a fifty day moving average price of $29.78 and a 200 day moving average price of $29.37. Capital Group Global Growth Equity ETF has a 12-month low of $23.44 and a 12-month high of $30.72. The firm has a market cap of $3.53 billion, a PE ratio of 26.27 and a beta of 1.02.

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.