BNB Wealth Management LLC bought a new stake in Capital Group Global Equity ETF (NYSEARCA:CGGE – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 56,462 shares of the company’s stock, valued at approximately $1,786,000. Capital Group Global Equity ETF comprises about 1.2% of BNB Wealth Management LLC’s portfolio, making the stock its 27th biggest position. BNB Wealth Management LLC owned 0.09% of Capital Group Global Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also added to or reduced their stakes in CGGE. Ameritas Advisory Services LLC bought a new position in shares of Capital Group Global Equity ETF during the third quarter valued at about $49,000. TD Waterhouse Canada Inc. bought a new position in shares of Capital Group Global Equity ETF during the fourth quarter valued at about $58,000. CIBC Private Wealth Group LLC bought a new position in shares of Capital Group Global Equity ETF during the third quarter valued at about $73,000. Comerica Bank bought a new position in shares of Capital Group Global Equity ETF during the third quarter valued at about $82,000. Finally, Global Retirement Partners LLC bought a new position in shares of Capital Group Global Equity ETF during the fourth quarter valued at about $199,000.
Capital Group Global Equity ETF Trading Down 0.4%
Shares of NYSEARCA:CGGE opened at $34.47 on Thursday. The stock’s 50-day moving average price is $33.50 and its 200-day moving average price is $32.44. Capital Group Global Equity ETF has a 12-month low of $27.85 and a 12-month high of $35.00. The stock has a market capitalization of $2.61 billion, a P/E ratio of 24.18 and a beta of 0.82.
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.
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