394,079 Shares in Capital Group Global Equity ETF $CGGE Purchased by KWB Wealth

KWB Wealth purchased a new position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) during the third quarter, Holdings Channel reports. The fund purchased 394,079 shares of the company’s stock, valued at approximately $13,718,000. Capital Group Global Equity ETF accounts for approximately 1.2% of KWB Wealth’s portfolio, making the stock its 21st biggest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. TD Waterhouse Canada Inc. grew its stake in shares of Capital Group Global Equity ETF by 5.0% in the third quarter. TD Waterhouse Canada Inc. now owns 438,380 shares of the company’s stock valued at $15,245,000 after buying an additional 20,774 shares in the last quarter. NFSG Corp purchased a new stake in shares of Capital Group Global Equity ETF in the 3rd quarter valued at $40,000. R2 Capital Strategies LLC lifted its stake in Capital Group Global Equity ETF by 1.7% during the 3rd quarter. R2 Capital Strategies LLC now owns 60,653 shares of the company’s stock worth $2,111,000 after acquiring an additional 1,021 shares in the last quarter. Lincoln Capital LLC lifted its stake in Capital Group Global Equity ETF by 13.4% during the 3rd quarter. Lincoln Capital LLC now owns 7,881 shares of the company’s stock worth $274,000 after acquiring an additional 929 shares in the last quarter. Finally, Venture Visionary Partners LLC lifted its stake in Capital Group Global Equity ETF by 11.0% during the 3rd quarter. Venture Visionary Partners LLC now owns 299,344 shares of the company’s stock worth $10,420,000 after acquiring an additional 29,739 shares in the last quarter.

Capital Group Global Equity ETF Trading Down 0.9%

Capital Group Global Equity ETF stock traded down $0.31 during midday trading on Friday, reaching $34.33. 393,113 shares of the stock traded hands, compared to its average volume of 661,539. The company has a 50-day simple moving average of $35.12 and a two-hundred day simple moving average of $34.27. Capital Group Global Equity ETF has a 12-month low of $29.39 and a 12-month high of $36.08. The firm has a market cap of $3.22 billion, a PE ratio of 24.18 and a beta of 0.81.

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.