Capital Group Global Equity ETF $CGGE is Capital Group Private Client Services Inc.’s 8th Largest Position

Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 20.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,413,104 shares of the company’s stock after purchasing an additional 932,109 shares during the quarter. Capital Group Global Equity ETF makes up 2.7% of Capital Group Private Client Services Inc.’s portfolio, making the stock its 8th biggest holding. Capital Group Private Client Services Inc. owned approximately 0.09% of Capital Group Global Equity ETF worth $171,217,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CGGE. Ameritas Advisory Services LLC purchased a new stake in shares of Capital Group Global Equity ETF during the third quarter worth about $49,000. TD Waterhouse Canada Inc. purchased a new position in Capital Group Global Equity ETF during the 4th quarter valued at approximately $58,000. CIBC Private Wealth Group LLC purchased a new position in Capital Group Global Equity ETF during the 3rd quarter valued at approximately $73,000. Comerica Bank purchased a new position in Capital Group Global Equity ETF during the 3rd quarter valued at approximately $82,000. Finally, Global Retirement Partners LLC purchased a new position in Capital Group Global Equity ETF during the 4th quarter valued at approximately $199,000.

Capital Group Global Equity ETF Price Performance

NYSEARCA CGGE opened at $33.62 on Friday. The stock has a market capitalization of $2.55 billion, a PE ratio of 24.18 and a beta of 0.82. The business has a 50 day simple moving average of $32.90 and a two-hundred day simple moving average of $32.25. Capital Group Global Equity ETF has a 1-year low of $27.85 and a 1-year high of $34.76.

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.