Geneos Wealth Management Inc. Acquires 20,201 Shares of Capital Group Global Equity ETF $CGGE

Geneos Wealth Management Inc. increased its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 128.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,964 shares of the company’s stock after purchasing an additional 20,201 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Capital Group Global Equity ETF were worth $1,097,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in CGGE. Capital Group Private Client Services Inc. increased its stake in Capital Group Global Equity ETF by 20.8% in the 4th quarter. Capital Group Private Client Services Inc. now owns 5,413,104 shares of the company’s stock valued at $171,217,000 after buying an additional 932,109 shares during the last quarter. Capital International Investors grew its holdings in shares of Capital Group Global Equity ETF by 15,343.0% in the 4th quarter. Capital International Investors now owns 3,801,915 shares of the company’s stock valued at $120,255,000 after acquiring an additional 3,777,296 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Capital Group Global Equity ETF by 16.6% in the 4th quarter. Cetera Investment Advisers now owns 2,825,862 shares of the company’s stock valued at $89,382,000 after acquiring an additional 402,152 shares in the last quarter. LPL Financial LLC increased its position in shares of Capital Group Global Equity ETF by 43.1% in the fourth quarter. LPL Financial LLC now owns 2,741,720 shares of the company’s stock valued at $86,721,000 after acquiring an additional 826,247 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Capital Group Global Equity ETF by 356.3% in the fourth quarter. Wells Fargo & Company MN now owns 2,334,375 shares of the company’s stock valued at $73,836,000 after acquiring an additional 1,822,747 shares during the last quarter.

Capital Group Global Equity ETF Stock Down 0.8%

CGGE stock opened at $34.29 on Friday. The company has a market cap of $2.89 billion, a price-to-earnings ratio of 24.18 and a beta of 0.80. Capital Group Global Equity ETF has a twelve month low of $28.74 and a twelve month high of $35.40. The business has a 50 day moving average price of $34.37 and a two-hundred day moving average price of $32.93.

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.