Assetmark Inc. Buys Shares of 42,687 Capital Group Global Equity ETF $CGGE

Assetmark Inc. purchased a new stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 42,687 shares of the company’s stock, valued at approximately $1,246,000. Assetmark Inc. owned about 0.23% of Capital Group Global Equity ETF at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. purchased a new stake in Capital Group Global Equity ETF during the first quarter valued at about $71,956,000. Stratos Wealth Partners LTD. purchased a new position in shares of Capital Group Global Equity ETF in the first quarter worth about $258,000. Gateway Wealth Partners LLC bought a new stake in shares of Capital Group Global Equity ETF in the first quarter valued at approximately $496,000. Bleakley Financial Group LLC purchased a new stake in shares of Capital Group Global Equity ETF during the 1st quarter valued at approximately $263,000. Finally, Larson Financial Group LLC lifted its stake in shares of Capital Group Global Equity ETF by 8,777.1% during the 1st quarter. Larson Financial Group LLC now owns 77,852 shares of the company’s stock valued at $2,013,000 after buying an additional 76,975 shares in the last quarter.

Capital Group Global Equity ETF Trading Up 0.6%

Capital Group Global Equity ETF stock opened at $31.13 on Thursday. The firm has a 50 day simple moving average of $30.77 and a 200 day simple moving average of $29.26. Capital Group Global Equity ETF has a 1-year low of $22.76 and a 1-year high of $31.63. The firm has a market capitalization of $1.21 billion, a price-to-earnings 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.