J. Derek Lewis & Associates Inc. Takes Position in Capital Group Global Equity ETF $CGGE

J. Derek Lewis & Associates Inc. acquired a new position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 24,504 shares of the company’s stock, valued at approximately $775,000.

Other hedge funds also recently made changes to their positions in the company. Ameritas Advisory Services LLC bought a new position in Capital Group Global Equity ETF in the third quarter valued at $49,000. TD Waterhouse Canada Inc. purchased a new stake in Capital Group Global Equity ETF during the fourth quarter valued at about $58,000. CIBC Private Wealth Group LLC bought a new stake in Capital Group Global Equity ETF during the third quarter worth about $73,000. Comerica Bank bought a new stake in Capital Group Global Equity ETF during the third quarter worth about $82,000. Finally, Birchwood Financial Partners Inc. purchased a new position in shares of Capital Group Global Equity ETF in the 4th quarter worth about $87,000.

Capital Group Global Equity ETF Stock Performance

CGGE opened at $35.00 on Friday. The stock has a market capitalization of $2.65 billion, a P/E ratio of 24.18 and a beta of 0.82. The stock has a 50-day moving average price of $33.64 and a 200-day moving average price of $32.49. Capital Group Global Equity ETF has a 12-month low of $27.85 and a 12-month high of $35.10.

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.