Independent Financial Group LLC Makes New $1.13 Million Investment in Capital Group Global Equity ETF $CGGE

Independent Financial Group LLC bought a new stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) during the first quarter, HoldingsChannel.com reports. The fund bought 37,140 shares of the company’s stock, valued at approximately $1,133,000.

A number of other hedge funds have also recently modified their holdings of the business. TD Waterhouse Canada Inc. purchased a new stake in shares of Capital Group Global Equity ETF in the fourth quarter worth approximately $58,000. CIBC Private Wealth Group LLC purchased a new position in Capital Group Global Equity ETF during the 3rd quarter valued at $73,000. Comerica Bank bought a new position in Capital Group Global Equity ETF in the 3rd quarter valued at $82,000. Birchwood Financial Partners Inc. bought a new position in Capital Group Global Equity ETF in the 4th quarter valued at $87,000. Finally, Global Retirement Partners LLC purchased a new stake in Capital Group Global Equity ETF in the fourth quarter worth $199,000.

Capital Group Global Equity ETF Stock Down 0.1%

CGGE stock opened at $34.25 on Tuesday. Capital Group Global Equity ETF has a twelve month low of $28.74 and a twelve month high of $35.40. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 24.18 and a beta of 0.80. The business’s fifty day simple moving average is $34.37 and its two-hundred day simple moving average is $32.96.

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.