Sagespring Wealth Partners LLC Has $5.56 Million Position in Capital Group Global Growth Equity ETF $CGGO

Sagespring Wealth Partners LLC boosted its stake in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 10.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 173,768 shares of the company’s stock after buying an additional 16,728 shares during the quarter. Sagespring Wealth Partners LLC owned approximately 0.09% of Capital Group Global Growth Equity ETF worth $5,555,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Brighton Jones LLC acquired a new stake in Capital Group Global Growth Equity ETF during the fourth quarter valued at $243,000. GAMMA Investing LLC acquired a new stake in shares of Capital Group Global Growth Equity ETF during the 1st quarter valued at about $664,000. CX Institutional bought a new stake in shares of Capital Group Global Growth Equity ETF in the 1st quarter valued at approximately $26,000. Wealth Enhancement Advisory Services LLC increased its holdings in Capital Group Global Growth Equity ETF by 9.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,045,305 shares of the company’s stock worth $57,944,000 after buying an additional 176,037 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in Capital Group Global Growth Equity ETF by 25.0% during the first quarter. Dynamic Advisor Solutions LLC now owns 47,955 shares of the company’s stock valued at $1,359,000 after acquiring an additional 9,592 shares in the last quarter.

Capital Group Global Growth Equity ETF Stock Up 1.9%

Shares of CGGO opened at $34.28 on Tuesday. The firm has a market cap of $7.49 billion, a price-to-earnings ratio of 22.37 and a beta of 0.99. The company’s fifty day moving average is $33.36 and its 200-day moving average is $31.27. Capital Group Global Growth Equity ETF has a 12 month low of $24.67 and a 12 month high of $34.89.

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.