Vestmark Advisory Solutions Inc. Grows Position in Capital Group Global Equity ETF $CGGE

Vestmark Advisory Solutions Inc. boosted its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 9.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 724,587 shares of the company’s stock after purchasing an additional 62,338 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Capital Group Global Equity ETF were worth $22,919,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CGGE. Envestnet Asset Management Inc. grew its position in Capital Group Global Equity ETF by 169.0% during the 3rd 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 during the last quarter. Capital Group Private Client Services Inc. grew its position in Capital Group Global Equity ETF by 62.4% during the 3rd 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 during the last quarter. Clarius Group LLC purchased a new stake in Capital Group Global Equity ETF during the 4th quarter worth approximately $34,894,000. Assetmark Inc. grew its position in Capital Group Global Equity ETF by 2,176.0% during the 3rd quarter. Assetmark Inc. now owns 971,546 shares of the company’s stock worth $29,914,000 after purchasing an additional 928,859 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in Capital Group Global Equity ETF by 400.0% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 996,254 shares of the company’s stock worth $31,512,000 after purchasing an additional 797,015 shares during the last quarter.

Capital Group Global Equity ETF Trading Up 0.4%

Shares of NYSEARCA CGGE opened at $33.89 on Friday. Capital Group Global Equity ETF has a 12 month low of $27.44 and a 12 month high of $34.02. The company has a 50 day simple moving average of $32.16 and a two-hundred day simple moving average of $32.01. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 24.18 and a beta of 0.82.

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.