Larson Financial Group LLC Has $43.12 Million Position in Capital Group Global Equity ETF $CGGE

Larson Financial Group LLC increased its holdings in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 13.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,363,320 shares of the company’s stock after purchasing an additional 165,853 shares during the period. Capital Group Global Equity ETF makes up 1.4% of Larson Financial Group LLC’s investment portfolio, making the stock its 10th biggest holding. Larson Financial Group LLC’s holdings in Capital Group Global Equity ETF were worth $43,122,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CGGE. Envestnet Asset Management Inc. boosted its holdings in Capital Group Global Equity ETF by 169.0% during the third quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock valued at $322,339,000 after acquiring an additional 6,577,466 shares during the period. Capital Group Private Client Services Inc. boosted its holdings in Capital Group Global Equity ETF by 62.4% during the third quarter. Capital Group Private Client Services Inc. now owns 4,480,995 shares of the company’s stock valued at $137,970,000 after acquiring an additional 1,722,096 shares during the period. Assetmark Inc. boosted its holdings in Capital Group Global Equity ETF by 24.8% during the fourth quarter. Assetmark Inc. now owns 1,212,952 shares of the company’s stock valued at $38,366,000 after acquiring an additional 241,406 shares during the period. Clarius Group LLC bought a new stake in Capital Group Global Equity ETF during the fourth quarter valued at about $34,894,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Capital Group Global Equity ETF by 400.0% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 996,254 shares of the company’s stock valued at $31,512,000 after acquiring an additional 797,015 shares during the period.

Capital Group Global Equity ETF Price Performance

CGGE stock opened at $33.48 on Tuesday. Capital Group Global Equity ETF has a 52-week low of $27.44 and a 52-week high of $34.02. The company has a 50-day moving average of $32.05 and a two-hundred day moving average of $31.97. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 24.18 and a beta of 0.82.

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.