Gateway Wealth Partners LLC raised its stake in Capital Group Global Equity ETF (NYSEARCA:CGGE – Free Report) by 410.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 356,920 shares of the company’s stock after buying an additional 286,935 shares during the quarter. Gateway Wealth Partners LLC owned approximately 0.47% of Capital Group Global Equity ETF worth $10,886,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. TD Waterhouse Canada Inc. acquired a new position in shares of Capital Group Global Equity ETF during the 4th quarter valued at about $58,000. CIBC Private Wealth Group LLC purchased a new position in Capital Group Global Equity ETF during the third quarter worth about $73,000. Comerica Bank acquired a new position in Capital Group Global Equity ETF in the 3rd quarter valued at about $82,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Capital Group Global Equity ETF in the 4th quarter valued at approximately $87,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Capital Group Global Equity ETF in the 4th quarter valued at approximately $199,000.
Capital Group Global Equity ETF Price Performance
Shares of NYSEARCA CGGE opened at $34.28 on Monday. The company has a market capitalization of $2.89 billion, a P/E ratio of 24.18 and a beta of 0.80. The company has a 50 day simple moving average of $34.44 and a 200-day simple moving average of $33.03. Capital Group Global Equity ETF has a 1 year low of $28.74 and a 1 year high of $35.40.
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.
See Also
- Five stocks we like better than Capital Group Global Equity ETF
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for Capital Group Global Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Global Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
