Valmark Advisers Inc. Increases Position in Capital Group Global Equity ETF $CGGE

Valmark Advisers Inc. increased its holdings in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 37.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 155,239 shares of the company’s stock after purchasing an additional 42,579 shares during the quarter. Valmark Advisers Inc. owned 0.20% of Capital Group Global Equity ETF worth $4,735,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. TD Waterhouse Canada Inc. purchased a new stake in shares of Capital Group Global Equity ETF in the fourth quarter valued at approximately $58,000. CIBC Private Wealth Group LLC purchased a new position in shares of Capital Group Global Equity ETF during the 3rd quarter valued at approximately $73,000. Comerica Bank purchased a new position in shares of Capital Group Global Equity ETF during the 3rd quarter valued at approximately $82,000. Birchwood Financial Partners Inc. acquired a new stake in Capital Group Global Equity ETF in the 4th quarter valued at $87,000. Finally, Global Retirement Partners LLC acquired a new stake in Capital Group Global Equity ETF in the 4th quarter valued at $199,000.

Capital Group Global Equity ETF Stock Performance

Shares of NYSEARCA CGGE opened at $34.90 on Monday. The firm has a market cap of $2.94 billion, a PE ratio of 24.18 and a beta of 0.80. The firm has a fifty day moving average of $34.26 and a 200 day moving average of $32.85. Capital Group Global Equity ETF has a one year low of $28.74 and a one year high of $35.40.

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.