Capital Group Global Growth Equity ETF $CGGO Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its position in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 73.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,700 shares of the company’s stock after selling 29,700 shares during the period. Renaissance Technologies LLC’s holdings in Capital Group Global Growth Equity ETF were worth $357,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Miller Capital Partners Inc. acquired a new position in shares of Capital Group Global Growth Equity ETF during the fourth quarter worth $41,000. TD Capital Management LLC acquired a new stake in Capital Group Global Growth Equity ETF in the fourth quarter valued at $48,000. Ameriflex Group Inc. raised its stake in Capital Group Global Growth Equity ETF by 47.5% in the fourth quarter. Ameriflex Group Inc. now owns 1,401 shares of the company’s stock valued at $49,000 after buying an additional 451 shares in the last quarter. Richardson Capital Management LLC raised its stake in Capital Group Global Growth Equity ETF by 33.0% in the fourth quarter. Richardson Capital Management LLC now owns 1,895 shares of the company’s stock valued at $66,000 after buying an additional 470 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in Capital Group Global Growth Equity ETF during the 1st quarter worth about $67,000.

Capital Group Global Growth Equity ETF Stock Performance

NYSEARCA:CGGO opened at $40.58 on Wednesday. The stock has a 50-day simple moving average of $40.60 and a 200-day simple moving average of $38.17. The stock has a market cap of $11.75 billion, a P/E ratio of 22.37 and a beta of 1.02. Capital Group Global Growth Equity ETF has a 1 year low of $31.94 and a 1 year high of $42.88.

Capital Group Global Growth Equity ETF Company 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.