MML Investors Services LLC Has $49.16 Million Position in Capital Group Global Equity ETF $CGGE

MML Investors Services LLC increased its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 14.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,554,291 shares of the company’s stock after buying an additional 193,677 shares during the quarter. MML Investors Services LLC’s holdings in Capital Group Global Equity ETF were worth $49,162,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Capital Group Private Client Services Inc. boosted its holdings in shares of Capital Group Global Equity ETF by 20.8% during the fourth quarter. Capital Group Private Client Services Inc. now owns 5,413,104 shares of the company’s stock worth $171,217,000 after purchasing an additional 932,109 shares during the period. Capital International Investors raised its position in shares of Capital Group Global Equity ETF by 15,343.0% in the fourth quarter. Capital International Investors now owns 3,801,915 shares of the company’s stock valued at $120,255,000 after purchasing an additional 3,777,296 shares during the period. LPL Financial LLC raised its position in shares of Capital Group Global Equity ETF by 43.1% in the fourth quarter. LPL Financial LLC now owns 2,741,720 shares of the company’s stock valued at $86,721,000 after purchasing an additional 826,247 shares during the period. Wells Fargo & Company MN increased its stake in shares of Capital Group Global Equity ETF by 356.3% in the fourth quarter. Wells Fargo & Company MN now owns 2,334,375 shares of the company’s stock worth $73,836,000 after purchasing an additional 1,822,747 shares during the period. Finally, Larson Financial Group LLC increased its stake in shares of Capital Group Global Equity ETF by 13.9% in the fourth quarter. Larson Financial Group LLC now owns 1,363,320 shares of the company’s stock worth $43,122,000 after purchasing an additional 165,853 shares during the period.

Capital Group Global Equity ETF Trading Up 1.7%

Shares of CGGE stock opened at $34.78 on Tuesday. Capital Group Global Equity ETF has a 1 year low of $27.85 and a 1 year high of $34.84. The firm’s fifty day simple moving average is $33.35 and its 200 day simple moving average is $32.40. The firm has a market capitalization of $2.64 billion, a P/E ratio of 24.18 and a beta of 0.82.

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.