Capital Group Global Equity ETF $CGGE Shares Bought by Truist Financial Corp

Truist Financial Corp grew its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 11.9% in the fourth quarter, HoldingsChannel reports. The fund owned 353,948 shares of the company’s stock after buying an additional 37,727 shares during the period. Truist Financial Corp’s holdings in Capital Group Global Equity ETF were worth $11,195,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in Capital Group Global Equity ETF by 169.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock worth $322,339,000 after acquiring an additional 6,577,466 shares during the period. Capital Group Private Client Services Inc. boosted its position in Capital Group Global Equity ETF by 62.4% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 4,480,995 shares of the company’s stock worth $137,970,000 after acquiring an additional 1,722,096 shares during the period. Assetmark Inc. boosted its position in Capital Group Global Equity ETF by 24.8% during the 4th quarter. Assetmark Inc. now owns 1,212,952 shares of the company’s stock worth $38,366,000 after acquiring an additional 241,406 shares during the period. Larson Financial Group LLC boosted its position in Capital Group Global Equity ETF by 49.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,197,467 shares of the company’s stock worth $36,870,000 after acquiring an additional 393,876 shares during the period. Finally, Clarius Group LLC acquired a new position in Capital Group Global Equity ETF during the 4th quarter worth $34,894,000.

Capital Group Global Equity ETF Stock Performance

Shares of CGGE stock opened at $33.80 on Friday. Capital Group Global Equity ETF has a 1 year low of $26.77 and a 1 year high of $34.02. The stock has a fifty day moving average of $31.88 and a two-hundred day moving average of $31.85. The firm has a market capitalization of $2.56 billion, a PE ratio of 24.18 and a beta of 0.82.

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.