Capital Group Global Equity ETF $CGGE Position Boosted by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. grew its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 20.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,413,104 shares of the company’s stock after buying an additional 932,109 shares during the period. Capital Group Global Equity ETF accounts for 2.7% of Capital Group Private Client Services Inc.’s portfolio, making the stock its 8th biggest position. Capital Group Private Client Services Inc. owned approximately 8.92% of Capital Group Global Equity ETF worth $171,217,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Larson Financial Group LLC increased its stake in shares of Capital Group Global Equity ETF by 13.9% during the fourth quarter. Larson Financial Group LLC now owns 1,363,320 shares of the company’s stock valued at $43,122,000 after buying an additional 165,853 shares during the period. Assetmark Inc. grew its stake in Capital Group Global Equity ETF by 24.8% in the fourth quarter. Assetmark Inc. now owns 1,212,952 shares of the company’s stock worth $38,366,000 after purchasing an additional 241,406 shares during the period. Clarius Group LLC purchased a new stake in Capital Group Global Equity ETF in the fourth quarter worth $34,894,000. Cambridge Investment Research Advisors Inc. grew its stake in Capital Group Global Equity ETF by 400.0% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 996,254 shares of the company’s stock worth $31,512,000 after purchasing an additional 797,015 shares during the period. Finally, Vestmark Advisory Solutions Inc. grew its stake in Capital Group Global Equity ETF by 9.4% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 724,587 shares of the company’s stock worth $22,919,000 after purchasing an additional 62,338 shares during the period.

Capital Group Global Equity ETF Stock Down 2.8%

Shares of CGGE stock opened at $33.62 on Friday. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 24.18 and a beta of 0.82. The business’s fifty day moving average is $32.90 and its 200 day moving average is $32.25. Capital Group Global Equity ETF has a twelve month low of $27.85 and a twelve month high of $34.76.

Capital Group Global Equity ETF Company 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.