Capital Group Global Equity ETF $CGGE Stake Raised by James Reed Financial Services Inc.

James Reed Financial Services Inc. lifted its stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 60.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 598,625 shares of the company’s stock after purchasing an additional 226,280 shares during the quarter. Capital Group Global Equity ETF accounts for approximately 15.2% of James Reed Financial Services Inc.’s holdings, making the stock its 4th biggest position. James Reed Financial Services Inc. owned approximately 1.07% of Capital Group Global Equity ETF worth $18,935,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CGGE. DAVENPORT & Co LLC increased its stake in Capital Group Global Equity ETF by 4.2% during the 3rd quarter. DAVENPORT & Co LLC now owns 8,750 shares of the company’s stock valued at $269,000 after purchasing an additional 350 shares in the last quarter. IAG Wealth Partners LLC grew its holdings in shares of Capital Group Global Equity ETF by 1.4% during the third quarter. IAG Wealth Partners LLC now owns 29,479 shares of the company’s stock valued at $908,000 after buying an additional 400 shares during the last quarter. Sittner & Nelson LLC increased its position in shares of Capital Group Global Equity ETF by 7.3% during the third quarter. Sittner & Nelson LLC now owns 7,388 shares of the company’s stock valued at $227,000 after acquiring an additional 500 shares in the last quarter. Cary Street Partners Financial LLC increased its position in shares of Capital Group Global Equity ETF by 0.9% during the third quarter. Cary Street Partners Financial LLC now owns 92,461 shares of the company’s stock valued at $2,847,000 after acquiring an additional 801 shares in the last quarter. Finally, Financial Perspectives Inc purchased a new position in Capital Group Global Equity ETF in the 3rd quarter worth approximately $35,000.

Capital Group Global Equity ETF Stock Performance

CGGE stock opened at $29.65 on Monday. The stock’s 50 day simple moving average is $32.05 and its 200 day simple moving average is $31.57. Capital Group Global Equity ETF has a 12-month low of $22.76 and a 12-month high of $33.20. The stock has a market capitalization of $1.80 billion, a PE ratio of 24.18 and a beta of 0.72.

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.