Summary by Moomoo AI
Capital Research Global Investors (CRGI), a division of Capital Research and Management Company, has filed an amendment to its Schedule 13G with the United States Securities and Exchange Commission, indicating a change in its holdings of Shopify Inc. As of December 29, 2023, CRGI reported beneficial ownership of 38,257,314 Class A Subordinate Voting Shares of Shopify, representing 3.2% of the company's class of securities. This filing, dated February 7, 2024, signifies that CRGI no longer holds more than five percent of Shopify's shares. The shares are held in the ordinary course of business and not for the purpose of changing or influencing the control of Shopify.