Security Financial Services INC. Invests $567,000 in Capital Group Global Equity ETF $CGGE

Security Financial Services INC. bought a new position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,426 shares of the company’s stock, valued at approximately $567,000. Security Financial Services INC. owned 0.10% of Capital Group Global Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Global Equity ETF by 39.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,891,480 shares of the company’s stock valued at $113,592,000 after purchasing an additional 1,108,946 shares during the last quarter. Cetera Investment Advisers bought a new position in Capital Group Global Equity ETF in the first quarter worth $18,894,000. Investment Planning Advisors Inc. bought a new stake in shares of Capital Group Global Equity ETF during the 2nd quarter valued at $16,849,000. Royal Bank of Canada increased its holdings in shares of Capital Group Global Equity ETF by 22.1% in the 1st quarter. Royal Bank of Canada now owns 437,918 shares of the company’s stock worth $11,324,000 after purchasing an additional 79,129 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Capital Group Global Equity ETF during the first quarter valued at approximately $8,485,000.

Capital Group Global Equity ETF Stock Down 0.2%

CGGE opened at $31.14 on Friday. Capital Group Global Equity ETF has a fifty-two week low of $22.76 and a fifty-two week high of $31.66. The business has a fifty day simple moving average of $30.96 and a 200-day simple moving average of $29.51. The firm has a market cap of $1.21 billion, a PE ratio of 24.18 and a beta of 0.72.

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.