DAVENPORT & Co LLC boosted its position in Capital Group Global Equity ETF (NYSEARCA:CGGE – Free Report) by 271.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 32,527 shares of the company’s stock after acquiring an additional 23,777 shares during the period. DAVENPORT & Co LLC’s holdings in Capital Group Global Equity ETF were worth $1,029,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of CGGE. Financial Perspectives Inc bought a new stake in shares of Capital Group Global Equity ETF in the 3rd quarter valued at about $35,000. Ameritas Advisory Services LLC bought a new position in shares of Capital Group Global Equity ETF during the 3rd quarter worth approximately $49,000. CIBC Private Wealth Group LLC purchased a new stake in Capital Group Global Equity ETF during the third quarter valued at approximately $73,000. Comerica Bank purchased a new stake in Capital Group Global Equity ETF during the third quarter valued at approximately $82,000. Finally, Farther Finance Advisors LLC lifted its position in Capital Group Global Equity ETF by 837.8% during the third quarter. Farther Finance Advisors LLC now owns 5,824 shares of the company’s stock valued at $179,000 after acquiring an additional 5,203 shares during the last quarter.
Capital Group Global Equity ETF Stock Performance
NYSEARCA CGGE opened at $29.65 on Monday. The firm’s fifty day simple moving average is $32.05 and its two-hundred day simple moving average is $31.57. Capital Group Global Equity ETF has a 12-month low of $22.76 and a 12-month high of $33.20. The firm has a market capitalization of $1.80 billion, a P/E ratio of 24.18 and a beta of 0.72.
Capital Group Global Equity ETF Profile
The Capital Group Global Equity ETF (CGGE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks total returns by actively managing a portfolio of companies from around the world. CGGE was launched on Jun 25, 2024 and is issued by Capital Group.
Further Reading
Want to see what other hedge funds are holding CGGE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Global Equity ETF (NYSEARCA:CGGE – Free Report).
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