Capital Group Global Equity ETF $CGGE Shares Newly Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. purchased a new position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 27,827 shares of the company’s stock, valued at approximately $969,000.

A number of other institutional investors have also added to or reduced their stakes in CGGE. Cetera Investment Advisers grew its stake in Capital Group Global Equity ETF by 16.3% in the first quarter. Cetera Investment Advisers now owns 3,285,183 shares of the company’s stock valued at $100,198,000 after acquiring an additional 459,321 shares during the period. Assetmark Inc. raised its position in shares of Capital Group Global Equity ETF by 17.9% during the first quarter. Assetmark Inc. now owns 1,429,913 shares of the company’s stock worth $43,612,000 after purchasing an additional 216,961 shares during the period. Royal Bank of Canada lifted its holdings in shares of Capital Group Global Equity ETF by 8.6% in the 1st quarter. Royal Bank of Canada now owns 1,198,245 shares of the company’s stock worth $36,546,000 after purchasing an additional 94,789 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Capital Group Global Equity ETF by 47.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,156,513 shares of the company’s stock worth $35,274,000 after purchasing an additional 371,939 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Capital Group Global Equity ETF by 12.1% in the 2nd quarter. NewEdge Advisors LLC now owns 957,504 shares of the company’s stock worth $33,742,000 after purchasing an additional 103,255 shares in the last quarter.

Capital Group Global Equity ETF Trading Up 0.7%

NYSEARCA CGGE opened at $34.07 on Tuesday. The company has a market cap of $3.22 billion, a P/E ratio of 24.18 and a beta of 0.81. The company has a fifty day simple moving average of $34.98 and a 200 day simple moving average of $33.66. Capital Group Global Equity ETF has a 12-month low of $29.39 and a 12-month high of $36.08.

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.