Kestra Advisory Services LLC Buys 50,092 Shares of Capital Group Global Equity ETF $CGGE

Kestra Advisory Services LLC increased its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 78.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 114,332 shares of the company’s stock after buying an additional 50,092 shares during the period. Kestra Advisory Services LLC owned 0.15% of Capital Group Global Equity ETF worth $3,487,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the company. TD Waterhouse Canada Inc. acquired a new stake in Capital Group Global Equity ETF during the fourth quarter worth approximately $58,000. CIBC Private Wealth Group LLC bought a new position in shares of Capital Group Global Equity ETF in the third quarter worth about $73,000. Comerica Bank acquired a new stake in shares of Capital Group Global Equity ETF in the 3rd quarter valued at approximately $82,000. Birchwood Financial Partners Inc. bought a new stake in shares of Capital Group Global Equity ETF during the 4th quarter valued at approximately $87,000. Finally, Global Retirement Partners LLC acquired a new position in Capital Group Global Equity ETF during the 4th quarter worth approximately $199,000.

Capital Group Global Equity ETF Stock Performance

Shares of CGGE opened at $34.29 on Friday. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 24.18 and a beta of 0.80. Capital Group Global Equity ETF has a 52 week low of $28.74 and a 52 week high of $35.40. The stock has a fifty day moving average of $34.37 and a 200-day moving average of $32.93.

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.