Vestmark Advisory Solutions Inc. Raises Stock Position in Capital Group Global Equity ETF $CGGE

Vestmark Advisory Solutions Inc. lifted its position in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 9.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 724,587 shares of the company’s stock after buying an additional 62,338 shares during the period. Vestmark Advisory Solutions Inc. owned approximately 1.19% of Capital Group Global Equity ETF worth $22,919,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of Capital Group Global Equity ETF by 169.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,468,946 shares of the company’s stock worth $322,339,000 after buying an additional 6,577,466 shares during the last quarter. Capital Group Private Client Services Inc. grew its position in shares of Capital Group Global Equity ETF by 62.4% in 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 buying an additional 1,722,096 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Capital Group Global Equity ETF by 13.9% in the 4th quarter. Larson Financial Group LLC now owns 1,363,320 shares of the company’s stock worth $43,122,000 after buying an additional 165,853 shares during the last quarter. Assetmark Inc. grew its position in shares of Capital Group Global Equity ETF by 24.8% in the 4th quarter. Assetmark Inc. now owns 1,212,952 shares of the company’s stock worth $38,366,000 after buying an additional 241,406 shares during the last quarter. Finally, Clarius Group LLC purchased a new position in shares of Capital Group Global Equity ETF in the 4th quarter worth approximately $34,894,000.

Capital Group Global Equity ETF Stock Up 0.4%

Shares of Capital Group Global Equity ETF stock opened at $33.89 on Friday. The firm’s 50 day moving average price is $32.16 and its 200-day moving average price is $32.01. 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 market cap of $2.57 billion, a P/E ratio of 24.18 and a beta of 0.82.

Capital Group Global Equity ETF Company 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.