Capital Group Global Equity ETF $CGGE Shares Acquired by Stephens Inc. AR

Stephens Inc. AR increased its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 18.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304,297 shares of the company’s stock after buying an additional 47,618 shares during the period. Stephens Inc. AR owned about 0.41% of Capital Group Global Equity ETF worth $9,281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Capital Group Global Equity ETF Price Performance

NYSEARCA CGGE traded down $0.51 during mid-day trading on Tuesday, hitting $34.83. The stock had a trading volume of 51,151 shares, compared to its average volume of 760,007. The firm’s 50 day moving average is $34.04 and its 200 day moving average is $32.72. Capital Group Global Equity ETF has a twelve month low of $28.74 and a twelve month high of $35.40. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 24.18 and a beta of 0.80.

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.