Kestra Advisory Services LLC Purchases 50,092 Shares of Capital Group Global Equity ETF $CGGE

Kestra Advisory Services LLC boosted its position in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 78.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 114,332 shares of the company’s stock after acquiring an additional 50,092 shares during the period. Kestra Advisory Services LLC’s holdings in Capital Group Global Equity ETF were worth $3,487,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in CGGE. Kingswood Wealth Advisors LLC bought a new stake in shares of Capital Group Global Equity ETF during the fourth quarter worth about $1,067,000. Intrua Financial LLC raised its holdings in shares of Capital Group Global Equity ETF by 24.7% in the 4th quarter. Intrua Financial LLC now owns 224,506 shares of the company’s stock worth $7,101,000 after acquiring an additional 44,540 shares during the last quarter. Stratos Wealth Partners LTD. lifted its position in Capital Group Global Equity ETF by 45.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 170,451 shares of the company’s stock valued at $5,391,000 after acquiring an additional 53,158 shares in the last quarter. PFG Advisors lifted its position in Capital Group Global Equity ETF by 88.4% in the 4th quarter. PFG Advisors now owns 47,787 shares of the company’s stock valued at $1,512,000 after acquiring an additional 22,426 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its stake in Capital Group Global Equity ETF by 48.6% during the 4th quarter. Valmark Advisers Inc. now owns 112,660 shares of the company’s stock valued at $3,563,000 after purchasing an additional 36,862 shares during the last quarter.

Capital Group Global Equity ETF Stock Performance

Shares of CGGE opened at $34.29 on Friday. The stock has a 50 day moving average price of $34.37 and a two-hundred day moving average price of $32.93. The firm has a market capitalization of $2.89 billion, a P/E ratio of 24.18 and a beta of 0.80. Capital Group Global Equity ETF has a 52 week low of $28.74 and a 52 week high of $35.40.

Capital Group Global Equity ETF Company 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.