World Investment Advisors bought a new stake in Capital Group Global Equity ETF (NYSEARCA:CGGE – Free Report) in the 1st quarter, Holdings Channel reports. The institutional investor bought 52,066 shares of the company’s stock, valued at approximately $1,588,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Kingswood Wealth Advisors LLC bought a new position in shares of Capital Group Global Equity ETF in the 4th quarter valued at $1,067,000. Stratos Wealth Partners LTD. lifted its position in shares of Capital Group Global Equity ETF by 45.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 170,451 shares of the company’s stock worth $5,391,000 after buying an additional 53,158 shares during the last quarter. Intrua Financial LLC lifted its position in shares of Capital Group Global Equity ETF by 24.7% during the 4th quarter. Intrua Financial LLC now owns 224,506 shares of the company’s stock worth $7,101,000 after buying an additional 44,540 shares during the last quarter. PFG Advisors boosted its stake in Capital Group Global Equity ETF by 88.4% in the fourth quarter. PFG Advisors now owns 47,787 shares of the company’s stock valued at $1,512,000 after buying an additional 22,426 shares in the last quarter. Finally, Valmark Advisers Inc. grew its position in Capital Group Global Equity ETF by 48.6% in the fourth quarter. Valmark Advisers Inc. now owns 112,660 shares of the company’s stock valued at $3,563,000 after acquiring an additional 36,862 shares during the last quarter.
Capital Group Global Equity ETF Trading Down 1.3%
CGGE opened at $34.89 on Wednesday. The company has a market cap of $2.90 billion, a P/E ratio of 24.18 and a beta of 0.80. The company’s 50 day moving average is $34.13 and its 200-day moving average is $32.78. Capital Group Global Equity ETF has a 1-year low of $28.74 and a 1-year high of $35.40.
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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Want to see what other hedge funds are holding CGGE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Global Equity ETF (NYSEARCA:CGGE – Free Report).
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