Kingswood Wealth Advisors LLC Buys New Holdings in Capital Group Global Equity ETF $CGGE

Kingswood Wealth Advisors LLC bought a new stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) during the fourth quarter, HoldingsChannel reports. The fund bought 33,738 shares of the company’s stock, valued at approximately $1,067,000.

A number of other large investors have also recently bought and sold shares of CGGE. Envestnet Asset Management Inc. boosted its position in Capital Group Global Equity ETF by 169.0% in the third quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock valued at $322,339,000 after buying an additional 6,577,466 shares during the last quarter. Capital Group Private Client Services Inc. boosted its position in Capital Group Global Equity ETF by 62.4% in the third quarter. Capital Group Private Client Services Inc. now owns 4,480,995 shares of the company’s stock valued at $137,970,000 after buying an additional 1,722,096 shares during the last quarter. Clarius Group LLC purchased a new stake in Capital Group Global Equity ETF in the fourth quarter valued at approximately $34,894,000. Assetmark Inc. boosted its position in Capital Group Global Equity ETF by 2,176.0% in the third quarter. Assetmark Inc. now owns 971,546 shares of the company’s stock valued at $29,914,000 after buying an additional 928,859 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. purchased a new stake in Capital Group Global Equity ETF in the third quarter valued at approximately $20,391,000.

Capital Group Global Equity ETF Stock Up 0.9%

Shares of NYSEARCA CGGE opened at $32.97 on Friday. The business’s 50 day moving average price is $31.82 and its 200 day moving average price is $31.73. The firm has a market cap of $2.45 billion, a P/E ratio of 24.18 and a beta of 0.83. Capital Group Global Equity ETF has a 52 week low of $25.82 and a 52 week high of $33.37.

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.