Thoroughbred Financial Services LLC Purchases 30,246 Shares of Capital Group Global Equity ETF $CGGE

Thoroughbred Financial Services LLC raised its position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 76.6% during the fourth quarter, HoldingsChannel reports. The fund owned 69,745 shares of the company’s stock after acquiring an additional 30,246 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Capital Group Global Equity ETF were worth $2,206,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ameritas Advisory Services LLC bought a new position in Capital Group Global Equity ETF during the third quarter valued at $49,000. TD Waterhouse Canada Inc. purchased a new position in Capital Group Global Equity ETF in the 4th quarter worth about $58,000. CIBC Private Wealth Group LLC purchased a new position in Capital Group Global Equity ETF in the 3rd quarter worth about $73,000. Comerica Bank purchased a new position in Capital Group Global Equity ETF in the 3rd quarter worth about $82,000. Finally, Global Retirement Partners LLC purchased a new position in Capital Group Global Equity ETF in the 4th quarter worth about $199,000.

Capital Group Global Equity ETF Price Performance

CGGE stock opened at $34.50 on Friday. The company has a market capitalization of $2.62 billion, a PE ratio of 24.18 and a beta of 0.82. Capital Group Global Equity ETF has a 12 month low of $27.83 and a 12 month high of $34.58. The firm’s 50-day moving average is $32.45 and its 200 day moving average is $32.13.

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.