Cullen Frost Bankers Inc. Has $9.04 Million Position in Capital Group Global Equity ETF $CGGE

Cullen Frost Bankers Inc. grew its position in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 24.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 285,813 shares of the company’s stock after buying an additional 56,680 shares during the quarter. Cullen Frost Bankers Inc. owned 0.47% of Capital Group Global Equity ETF worth $9,040,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in Capital Group Global Equity ETF by 169.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock worth $322,339,000 after purchasing an additional 6,577,466 shares in the last quarter. Capital Group Private Client Services Inc. increased its position in Capital Group Global Equity ETF by 62.4% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 4,480,995 shares of the company’s stock worth $137,970,000 after purchasing an additional 1,722,096 shares in the last quarter. Clarius Group LLC acquired a new position in Capital Group Global Equity ETF during the 4th quarter worth approximately $34,894,000. Assetmark Inc. increased its position in Capital Group Global Equity ETF by 2,176.0% during the 3rd quarter. Assetmark Inc. now owns 971,546 shares of the company’s stock worth $29,914,000 after purchasing an additional 928,859 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in Capital Group Global Equity ETF by 400.0% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 996,254 shares of the company’s stock worth $31,512,000 after purchasing an additional 797,015 shares in the last quarter.

Capital Group Global Equity ETF Price Performance

CGGE stock opened at $33.74 on Thursday. The company has a 50 day simple moving average of $32.12 and a 200 day simple moving average of $32.00. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 24.18 and a beta of 0.82. Capital Group Global Equity ETF has a 1 year low of $27.44 and a 1 year high of $34.02.

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.