Concurrent Investment Advisors LLC Sells 44,223 Shares of Capital Group Global Equity ETF $CGGE

Concurrent Investment Advisors LLC cut its holdings in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 19.0% in the second quarter, HoldingsChannel reports. The firm owned 189,081 shares of the company’s stock after selling 44,223 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Capital Group Global Equity ETF were worth $6,663,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CGGE. Intrua Financial LLC lifted its position in Capital Group Global Equity ETF by 24.7% during the fourth quarter. Intrua Financial LLC now owns 224,506 shares of the company’s stock valued at $7,101,000 after purchasing an additional 44,540 shares during the last quarter. Compton Financial Group LLC purchased a new position in shares of Capital Group Global Equity ETF in the 4th quarter worth $490,000. Vantus Wealth LLC bought a new stake in shares of Capital Group Global Equity ETF in the 4th quarter worth about $1,175,000. World Investment Advisors bought a new stake in shares of Capital Group Global Equity ETF in the 1st quarter worth about $1,588,000. Finally, Capital Group Private Client Services Inc. raised its position in shares of Capital Group Global Equity ETF by 20.8% during the 4th quarter. Capital Group Private Client Services Inc. now owns 5,413,104 shares of the company’s stock valued at $171,217,000 after buying an additional 932,109 shares in the last quarter.

Capital Group Global Equity ETF Trading Up 0.2%

Shares of NYSEARCA:CGGE opened at $35.28 on Friday. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 24.18 and a beta of 0.80. Capital Group Global Equity ETF has a 12 month low of $29.39 and a 12 month high of $36.08. The company has a 50-day moving average price of $35.07 and a 200 day moving average price of $33.61.

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.