Mutual Advisors LLC Takes $256,000 Position in Capital Group Global Equity ETF $CGGE

Mutual Advisors LLC bought a new stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,601 shares of the company’s stock, valued at approximately $256,000.

A number of other institutional investors also recently modified their holdings of CGGE. CWM LLC bought a new position in shares of Capital Group Global Equity ETF in the second quarter valued at approximately $29,000. IFP Advisors Inc raised its position in Capital Group Global Equity ETF by 80.2% in the 2nd quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock worth $35,000 after purchasing an additional 539 shares during the last quarter. Capital A Wealth Management LLC bought a new position in Capital Group Global Equity ETF in the 1st quarter worth approximately $62,000. Armstrong Fleming & Moore Inc bought a new position in Capital Group Global Equity ETF in the 2nd quarter worth approximately $207,000. Finally, DAVENPORT & Co LLC bought a new position in Capital Group Global Equity ETF in the 2nd quarter worth approximately $245,000.

Capital Group Global Equity ETF Stock Down 0.4%

Shares of CGGE opened at $31.12 on Wednesday. The stock’s fifty day simple moving average is $30.48 and its 200-day simple moving average is $28.72. The firm has a market capitalization of $1.11 billion and a PE ratio of 24.18. Capital Group Global Equity ETF has a 12-month low of $22.76 and a 12-month high of $31.32.

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.