Janney Montgomery Scott LLC Has $35.27 Million Stock Position in Capital Group Global Equity ETF $CGGE

Janney Montgomery Scott LLC lifted its position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 47.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,156,513 shares of the company’s stock after purchasing an additional 371,939 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Capital Group Global Equity ETF were worth $35,274,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of CGGE. Financial Council LLC raised its stake in shares of Capital Group Global Equity ETF by 15.1% in the first quarter. Financial Council LLC now owns 8,372 shares of the company’s stock valued at $255,000 after purchasing an additional 1,100 shares in the last quarter. Silver Oak Securities Incorporated bought a new position in Capital Group Global Equity ETF in the first quarter worth $337,000. Kestra Private Wealth Services LLC acquired a new stake in Capital Group Global Equity ETF during the first quarter worth $335,000. RFG Advisory LLC boosted its stake in Capital Group Global Equity ETF by 7.2% during the first quarter. RFG Advisory LLC now owns 47,553 shares of the company’s stock worth $1,450,000 after buying an additional 3,194 shares in the last quarter. Finally, Balboa Wealth Partners increased its holdings in Capital Group Global Equity ETF by 5.1% in the 1st quarter. Balboa Wealth Partners now owns 19,586 shares of the company’s stock valued at $597,000 after buying an additional 955 shares during the period.

Capital Group Global Equity ETF Stock Performance

Shares of CGGE stock opened at $34.87 on Tuesday. Capital Group Global Equity ETF has a 52-week low of $28.74 and a 52-week high of $35.21. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 24.18 and a beta of 0.82. The firm has a fifty day moving average of $33.87 and a 200-day moving average of $32.63.

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.