Capital Group Global Equity ETF $CGGE Shares Acquired by Truist Financial Corp

Truist Financial Corp boosted its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 11.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 353,948 shares of the company’s stock after purchasing an additional 37,727 shares during the quarter. Truist Financial Corp owned approximately 0.59% of Capital Group Global Equity ETF worth $11,195,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new position in Capital Group Global Equity ETF during the 3rd quarter valued at approximately $49,000. TD Waterhouse Canada Inc. acquired a new position in Capital Group Global Equity ETF during the 4th quarter valued at approximately $58,000. CIBC Private Wealth Group LLC acquired a new position in Capital Group Global Equity ETF during the 3rd quarter valued at approximately $73,000. Comerica Bank acquired a new position in Capital Group Global Equity ETF during the 3rd quarter worth $82,000. Finally, Geneos Wealth Management Inc. boosted its position in Capital Group Global Equity ETF by 1,170.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 7,129 shares of the company’s stock worth $208,000 after acquiring an additional 6,568 shares during the period.

Capital Group Global Equity ETF Stock Performance

Shares of CGGE stock opened at $33.80 on Friday. Capital Group Global Equity ETF has a 1 year low of $26.77 and a 1 year high of $34.02. The stock has a fifty day moving average of $31.88 and a two-hundred day moving average of $31.85. The firm has a market capitalization of $2.56 billion, a PE ratio of 24.18 and a beta of 0.82.

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.