Capital Group Global Equity ETF $CGGE Position Boosted by Private Advisor Group LLC

Private Advisor Group LLC grew its holdings in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 38.1% during the first quarter, Holdings Channel.com reports. The firm owned 179,592 shares of the company’s stock after buying an additional 49,514 shares during the period. Private Advisor Group LLC’s holdings in Capital Group Global Equity ETF were worth $5,478,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Jane Street Group LLC boosted its holdings in shares of Capital Group Global Equity ETF by 760.2% during the first quarter. Jane Street Group LLC now owns 114,653 shares of the company’s stock worth $2,965,000 after purchasing an additional 101,325 shares during the period. CLG LLC acquired a new position in Capital Group Global Equity ETF in the 2nd quarter valued at approximately $249,000. Benjamin Edwards Inc. lifted its position in Capital Group Global Equity ETF by 97.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 140,006 shares of the company’s stock worth $4,087,000 after buying an additional 69,100 shares in the last quarter. MML Investors Services LLC boosted its stake in shares of Capital Group Global Equity ETF by 30.9% during the 2nd quarter. MML Investors Services LLC now owns 685,472 shares of the company’s stock valued at $20,009,000 after buying an additional 161,915 shares during the period. Finally, Lantern Wealth Advisors LLC acquired a new stake in shares of Capital Group Global Equity ETF during the 2nd quarter valued at $710,000.

Capital Group Global Equity ETF Stock Down 1.2%

Shares of Capital Group Global Equity ETF stock traded down $0.42 on Tuesday, hitting $34.92. 27,297 shares of the company traded hands, compared to its average volume of 759,747. The company has a 50-day moving average price of $34.04 and a 200 day moving average price of $32.72. Capital Group Global Equity ETF has a 12-month low of $28.74 and a 12-month high of $35.40. The company has a market cap of $2.91 billion, a PE ratio of 24.18 and a beta of 0.80.

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.