Capital Group Global Equity ETF $CGGE Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. raised its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 400.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 996,254 shares of the company’s stock after buying an additional 797,015 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Capital Group Global Equity ETF were worth $31,512,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Envestnet Asset Management Inc. increased its position in shares of Capital Group Global Equity ETF by 169.0% during the third quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock worth $322,339,000 after purchasing an additional 6,577,466 shares in the last quarter. Capital Group Private Client Services Inc. increased its position in shares of Capital Group Global Equity ETF by 62.4% during the third quarter. Capital Group Private Client Services Inc. now owns 4,480,995 shares of the company’s stock worth $137,970,000 after purchasing an additional 1,722,096 shares in the last quarter. Assetmark Inc. increased its position in shares of Capital Group Global Equity ETF by 24.8% during the fourth quarter. Assetmark Inc. now owns 1,212,952 shares of the company’s stock worth $38,366,000 after purchasing an additional 241,406 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Capital Group Global Equity ETF by 49.0% during the third quarter. Larson Financial Group LLC now owns 1,197,467 shares of the company’s stock worth $36,870,000 after purchasing an additional 393,876 shares in the last quarter. Finally, Clarius Group LLC acquired a new position in shares of Capital Group Global Equity ETF during the fourth quarter worth $34,894,000.

Capital Group Global Equity ETF Stock Performance

Shares of CGGE stock opened at $33.40 on Monday. The business’s fifty day simple moving average is $32.01 and its 200-day simple moving average is $31.95. The company has a market cap of $2.53 billion, a PE ratio of 24.18 and a beta of 0.82. Capital Group Global Equity ETF has a 12-month low of $27.44 and a 12-month high of $34.02.

Capital Group Global Equity ETF Company 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.