Geneos Wealth Management Inc. Purchases 20,201 Shares of Capital Group Global Equity ETF $CGGE

Geneos Wealth Management Inc. boosted its position in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 128.2% in the 1st quarter, HoldingsChannel reports. The firm owned 35,964 shares of the company’s stock after acquiring an additional 20,201 shares during the period. Geneos Wealth Management Inc.’s holdings in Capital Group Global Equity ETF were worth $1,097,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sittner & Nelson LLC increased its position in Capital Group Global Equity ETF by 7.3% during the third quarter. Sittner & Nelson LLC now owns 7,388 shares of the company’s stock worth $227,000 after buying an additional 500 shares during the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of Capital Group Global Equity ETF by 3.7% in the fourth quarter. Ausdal Financial Partners Inc. now owns 13,891 shares of the company’s stock valued at $439,000 after buying an additional 501 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of Capital Group Global Equity ETF by 3.5% in the fourth quarter. Mutual Advisors LLC now owns 15,421 shares of the company’s stock valued at $488,000 after buying an additional 523 shares during the last quarter. Balboa Wealth Partners lifted its position in shares of Capital Group Global Equity ETF by 3.4% in the fourth quarter. Balboa Wealth Partners now owns 18,631 shares of the company’s stock valued at $589,000 after buying an additional 616 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its stake in shares of Capital Group Global Equity ETF by 6.2% during the 1st quarter. Bleakley Financial Group LLC now owns 12,079 shares of the company’s stock worth $368,000 after acquiring an additional 707 shares during the period.

Capital Group Global Equity ETF Trading Down 0.8%

CGGE stock opened at $34.29 on Friday. The firm has a market capitalization of $2.89 billion, a PE ratio of 24.18 and a beta of 0.80. Capital Group Global Equity ETF has a 1-year low of $28.74 and a 1-year high of $35.40. The business’s 50 day simple moving average is $34.37 and its 200 day simple moving average is $32.93.

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.