DAVENPORT & Co LLC Acquires 23,777 Shares of Capital Group Global Equity ETF $CGGE

DAVENPORT & Co LLC grew its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 271.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,527 shares of the company’s stock after purchasing an additional 23,777 shares during the quarter. DAVENPORT & Co LLC owned approximately 0.06% of Capital Group Global Equity ETF worth $1,029,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. IAG Wealth Partners LLC increased its stake in Capital Group Global Equity ETF by 1.4% in the 3rd quarter. IAG Wealth Partners LLC now owns 29,479 shares of the company’s stock worth $908,000 after buying an additional 400 shares during the period. Sittner & Nelson LLC boosted its position in Capital Group Global Equity ETF by 7.3% in the 3rd quarter. Sittner & Nelson LLC now owns 7,388 shares of the company’s stock valued at $227,000 after buying an additional 500 shares during the period. Cary Street Partners Financial LLC boosted its position in Capital Group Global Equity ETF by 0.9% in the 3rd quarter. Cary Street Partners Financial LLC now owns 92,461 shares of the company’s stock valued at $2,847,000 after buying an additional 801 shares during the period. Financial Perspectives Inc bought a new position in Capital Group Global Equity ETF in the 3rd quarter worth about $35,000. Finally, Ameritas Advisory Services LLC bought a new position in Capital Group Global Equity ETF in the 3rd quarter worth about $49,000.

Capital Group Global Equity ETF Stock Performance

Shares of NYSEARCA:CGGE opened at $29.65 on Monday. The firm’s 50 day simple moving average is $32.05 and its 200-day simple moving average is $31.57. Capital Group Global Equity ETF has a one year low of $22.76 and a one year high of $33.20. The firm has a market cap of $1.80 billion, a PE ratio of 24.18 and a beta of 0.72.

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.