Whipplewood Advisors LLC Makes New Investment in Capital Group Global Equity ETF $CGGE

Whipplewood Advisors LLC purchased a new position in Capital Group Global Equity ETF (NYSEARCA:CGGE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,450 shares of the company’s stock, valued at approximately $42,000.

Several other institutional investors have also added to or reduced their stakes in CGGE. CWM LLC acquired a new stake in Capital Group Global Equity ETF in the second quarter worth about $29,000. IFP Advisors Inc boosted its holdings in Capital Group Global Equity ETF by 80.2% in the second quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock worth $35,000 after acquiring an additional 539 shares in the last quarter. Capital A Wealth Management LLC acquired a new stake in Capital Group Global Equity ETF in the first quarter worth about $62,000. Armstrong Fleming & Moore Inc acquired a new stake in Capital Group Global Equity ETF in the second quarter worth about $207,000. Finally, DAVENPORT & Co LLC acquired a new stake in Capital Group Global Equity ETF in the second quarter worth about $245,000.

Capital Group Global Equity ETF Stock Performance

Shares of NYSEARCA CGGE opened at $31.56 on Tuesday. The company has a market cap of $1.20 billion, a PE ratio of 24.18 and a beta of 0.72. The business has a 50-day simple moving average of $30.58 and a two-hundred day simple moving average of $28.95. Capital Group Global Equity ETF has a fifty-two week low of $22.76 and a fifty-two week high of $31.58.

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.