Capital Group Global Equity ETF $CGGE Shares Acquired by IFP Advisors Inc

IFP Advisors Inc grew its holdings in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 80.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,211 shares of the company’s stock after acquiring an additional 539 shares during the quarter. IFP Advisors Inc’s holdings in Capital Group Global Equity ETF were worth $35,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CGGE. Capital A Wealth Management LLC acquired a new stake in Capital Group Global Equity ETF in the first quarter worth about $62,000. Armstrong Fleming & Moore Inc acquired a new stake in Capital Group Global Equity ETF in the second quarter worth about $207,000. DAVENPORT & Co LLC acquired a new stake in Capital Group Global Equity ETF in the second quarter worth about $245,000. Stratos Wealth Partners LTD. acquired a new stake in Capital Group Global Equity ETF in the first quarter worth about $258,000. Finally, MSH Capital Advisors LLC acquired a new stake in Capital Group Global Equity ETF in the second quarter worth about $261,000.

Capital Group Global Equity ETF Stock Performance

Shares of NYSEARCA CGGE opened at $31.12 on Wednesday. The company has a market cap of $1.11 billion and a PE ratio of 24.18. The business has a 50-day simple moving average of $30.48 and a two-hundred day simple moving average of $28.72. Capital Group Global Equity ETF has a fifty-two week low of $22.76 and a fifty-two week high of $31.32.

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.