Capital International Investors Has $120.26 Million Stock Holdings in Capital Group Global Equity ETF $CGGE

Capital International Investors grew its position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 15,343.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 3,801,915 shares of the company’s stock after purchasing an additional 3,777,296 shares during the period. Capital International Investors owned approximately 0.06% of Capital Group Global Equity ETF worth $120,255,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ameritas Advisory Services LLC bought a new stake in Capital Group Global Equity ETF in the third quarter worth approximately $49,000. TD Waterhouse Canada Inc. bought a new stake in Capital Group Global Equity ETF during the fourth quarter worth $58,000. CIBC Private Wealth Group LLC bought a new stake in Capital Group Global Equity ETF during the third quarter worth $73,000. Comerica Bank purchased a new position in Capital Group Global Equity ETF in the third quarter worth $82,000. Finally, Global Retirement Partners LLC purchased a new position in Capital Group Global Equity ETF in the fourth quarter worth $199,000.

Capital Group Global Equity ETF Price Performance

Shares of NYSEARCA CGGE opened at $33.80 on Tuesday. Capital Group Global Equity ETF has a one year low of $27.85 and a one year high of $34.76. The business’s fifty day moving average price is $32.97 and its 200-day moving average price is $32.28. The stock has a market capitalization of $2.56 billion, a PE ratio of 24.18 and a beta of 0.82.

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.