20,312 Shares in Capital Group Global Equity ETF $CGGE Purchased by Center For Asset Management LLC

Center For Asset Management LLC bought a new stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 20,312 shares of the company’s stock, valued at approximately $707,000.

Several other large investors have also modified their holdings of CGGE. Cetera Investment Advisers lifted its holdings in shares of Capital Group Global Equity ETF by 16.3% during the first quarter. Cetera Investment Advisers now owns 3,285,183 shares of the company’s stock worth $100,198,000 after purchasing an additional 459,321 shares during the period. Assetmark Inc. grew its position in Capital Group Global Equity ETF by 17.9% in the 1st quarter. Assetmark Inc. now owns 1,429,913 shares of the company’s stock valued at $43,612,000 after buying an additional 216,961 shares during the last quarter. Royal Bank of Canada grew its position in Capital Group Global Equity ETF by 8.6% in the 1st quarter. Royal Bank of Canada now owns 1,198,245 shares of the company’s stock valued at $36,546,000 after buying an additional 94,789 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Capital Group Global Equity ETF by 47.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,156,513 shares of the company’s stock valued at $35,274,000 after buying an additional 371,939 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Capital Group Global Equity ETF by 12.1% in the 2nd quarter. NewEdge Advisors LLC now owns 957,504 shares of the company’s stock valued at $33,742,000 after buying an additional 103,255 shares during the period.

Capital Group Global Equity ETF Stock Performance

Shares of CGGE opened at $34.33 on Friday. The stock has a market capitalization of $3.22 billion, a P/E ratio of 24.18 and a beta of 0.81. Capital Group Global Equity ETF has a 1 year low of $29.39 and a 1 year high of $36.08. The company’s fifty day moving average is $35.12 and its two-hundred day moving average is $34.27.

Capital Group Global Equity ETF 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.