Cullen Frost Bankers Inc. Has $9.04 Million Stock Holdings in Capital Group Global Equity ETF $CGGE

Cullen Frost Bankers Inc. increased its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 24.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 285,813 shares of the company’s stock after buying an additional 56,680 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Capital Group Global Equity ETF were worth $9,040,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGE. Jane Street Group LLC increased its position in Capital Group Global Equity ETF by 760.2% in the 1st quarter. Jane Street Group LLC now owns 114,653 shares of the company’s stock valued at $2,965,000 after acquiring an additional 101,325 shares during the period. CLG LLC acquired a new position in Capital Group Global Equity ETF in the 2nd quarter valued at approximately $249,000. Benjamin Edwards Inc. increased its position in Capital Group Global Equity ETF by 97.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 140,006 shares of the company’s stock valued at $4,087,000 after acquiring an additional 69,100 shares during the period. MML Investors Services LLC increased its position in Capital Group Global Equity ETF by 30.9% in the 2nd quarter. MML Investors Services LLC now owns 685,472 shares of the company’s stock valued at $20,009,000 after acquiring an additional 161,915 shares during the period. Finally, Lantern Wealth Advisors LLC acquired a new position in Capital Group Global Equity ETF in the 2nd quarter valued at approximately $710,000.

Capital Group Global Equity ETF Stock Performance

Shares of NYSEARCA CGGE opened at $33.74 on Thursday. Capital Group Global Equity ETF has a 52-week low of $27.44 and a 52-week high of $34.02. The firm has a 50 day moving average price of $32.12 and a two-hundred day moving average price of $32.00. The stock has a market cap of $2.56 billion, a P/E ratio of 24.18 and a beta of 0.82.

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.