Capital Group Global Equity ETF $CGGE is James Reed Financial Services Inc.’s 4th Largest Position

James Reed Financial Services Inc. grew its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 60.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 598,625 shares of the company’s stock after acquiring an additional 226,280 shares during the quarter. Capital Group Global Equity ETF comprises about 15.2% of James Reed Financial Services Inc.’s investment portfolio, making the stock its 4th biggest holding. James Reed Financial Services Inc.’s holdings in Capital Group Global Equity ETF were worth $18,935,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in CGGE. Financial Perspectives Inc purchased a new position in shares of Capital Group Global Equity ETF during the third quarter valued at approximately $35,000. Ameritas Advisory Services LLC purchased a new stake in Capital Group Global Equity ETF in the third quarter worth approximately $49,000. CIBC Private Wealth Group LLC bought a new stake in Capital Group Global Equity ETF in the 3rd quarter worth approximately $73,000. Comerica Bank purchased a new stake in Capital Group Global Equity ETF during the 3rd quarter valued at $82,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Capital Group Global Equity ETF by 837.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,824 shares of the company’s stock valued at $179,000 after buying an additional 5,203 shares during the period.

Capital Group Global Equity ETF Price Performance

CGGE stock opened at $29.65 on Monday. Capital Group Global Equity ETF has a 1 year low of $22.76 and a 1 year high of $33.20. The company has a market cap of $1.80 billion, a P/E ratio of 24.18 and a beta of 0.72. The stock’s fifty day moving average price is $32.05 and its 200-day moving average price is $31.57.

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.