KWB Wealth Purchases New Stake in Capital Group Global Equity ETF $CGGE

KWB Wealth purchased a new position in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 394,079 shares of the company’s stock, valued at approximately $13,718,000. Capital Group Global Equity ETF comprises about 1.2% of KWB Wealth’s holdings, making the stock its 21st largest holding. KWB Wealth owned approximately 0.42% of Capital Group Global Equity ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bleakley Financial Group LLC lifted its holdings in Capital Group Global Equity ETF by 6.2% in the first quarter. Bleakley Financial Group LLC now owns 12,079 shares of the company’s stock valued at $368,000 after acquiring an additional 707 shares during the last quarter. Lincoln Capital LLC grew its position in Capital Group Global Equity ETF by 13.4% in the third quarter. Lincoln Capital LLC now owns 7,881 shares of the company’s stock worth $274,000 after acquiring an additional 929 shares during the period. Balboa Wealth Partners increased its stake in Capital Group Global Equity ETF by 5.1% during the first quarter. Balboa Wealth Partners now owns 19,586 shares of the company’s stock worth $597,000 after acquiring an additional 955 shares during the last quarter. R2 Capital Strategies LLC increased its stake in Capital Group Global Equity ETF by 1.7% during the third quarter. R2 Capital Strategies LLC now owns 60,653 shares of the company’s stock worth $2,111,000 after acquiring an additional 1,021 shares during the last quarter. Finally, Financial Council LLC increased its stake in Capital Group Global Equity ETF by 15.1% during the first quarter. Financial Council LLC now owns 8,372 shares of the company’s stock worth $255,000 after acquiring an additional 1,100 shares during the last quarter.

Capital Group Global Equity ETF Stock Down 0.9%

NYSEARCA:CGGE traded down $0.31 on Friday, reaching $34.33. The company’s stock had a trading volume of 393,113 shares, compared to its average volume of 661,539. Capital Group Global Equity ETF has a 12-month low of $29.39 and a 12-month high of $36.08. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 24.18 and a beta of 0.81. The stock has a 50 day moving average price of $35.12 and a 200 day moving average price of $34.27.

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.