Capital Group Global Equity ETF $CGGE Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. raised its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 92.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,237 shares of the company’s stock after acquiring an additional 13,566 shares during the quarter. Valmark Advisers Inc. owned approximately 0.15% of Capital Group Global Equity ETF worth $824,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in CGGE. ORG Partners LLC acquired a new stake in shares of Capital Group Global Equity ETF in the 1st quarter valued at about $32,000. Capital A Wealth Management LLC acquired a new stake in shares of Capital Group Global Equity ETF in the 1st quarter valued at about $62,000. DAVENPORT & Co LLC acquired a new stake in shares of Capital Group Global Equity ETF in the 2nd quarter valued at about $245,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Capital Group Global Equity ETF in the 1st quarter valued at about $258,000. Finally, Bleakley Financial Group LLC acquired a new stake in shares of Capital Group Global Equity ETF in the 1st quarter valued at about $263,000.

Capital Group Global Equity ETF Stock Down 0.4%

Shares of NYSEARCA CGGE opened at $31.09 on Friday. The stock has a market cap of $1.11 billion and a PE ratio of 24.18. Capital Group Global Equity ETF has a 52-week low of $22.76 and a 52-week high of $31.32. The business has a 50-day moving average price of $30.25 and a 200 day moving average price of $28.41.

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.