Strategic Blueprint LLC Increases Position in Capital Group Global Equity ETF $CGGE

Strategic Blueprint LLC lifted its holdings in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 115.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 268,775 shares of the company’s stock after purchasing an additional 143,979 shares during the period. Strategic Blueprint LLC owned about 1.45% of Capital Group Global Equity ETF worth $7,846,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. purchased a new stake in Capital Group Global Equity ETF during the 1st quarter worth approximately $71,956,000. Cetera Investment Advisers purchased a new stake in Capital Group Global Equity ETF during the 1st quarter worth approximately $18,894,000. Investment Planning Advisors Inc. purchased a new stake in Capital Group Global Equity ETF during the 2nd quarter worth approximately $16,849,000. Royal Bank of Canada increased its stake in Capital Group Global Equity ETF by 22.1% during the 1st quarter. Royal Bank of Canada now owns 437,918 shares of the company’s stock worth $11,324,000 after buying an additional 79,129 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Capital Group Global Equity ETF during the 1st quarter worth approximately $8,485,000.

Capital Group Global Equity ETF Trading Down 0.5%

NYSEARCA:CGGE opened at $30.96 on Thursday. Capital Group Global Equity ETF has a 12 month low of $22.76 and a 12 month high of $31.32. The stock has a 50 day moving average of $30.50 and a two-hundred day moving average of $28.73. The firm has a market cap of $1.11 billion and a P/E ratio of 24.18.

About Capital Group Global Equity ETF

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.