Thoroughbred Financial Services LLC Grows Stock Holdings in Capital Group Global Equity ETF $CGGE

Thoroughbred Financial Services LLC boosted its holdings in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 76.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,745 shares of the company’s stock after purchasing an additional 30,246 shares during the quarter. Thoroughbred Financial Services LLC owned about 0.11% of Capital Group Global Equity ETF worth $2,206,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Stratos Wealth Partners LTD. raised its stake in Capital Group Global Equity ETF by 45.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 170,451 shares of the company’s stock valued at $5,391,000 after purchasing an additional 53,158 shares in the last quarter. RFG Advisory LLC increased its position in Capital Group Global Equity ETF by 55.2% during the third quarter. RFG Advisory LLC now owns 44,898 shares of the company’s stock valued at $1,382,000 after acquiring an additional 15,971 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new position in Capital Group Global Equity ETF during the fourth quarter valued at $1,067,000. Smartleaf Asset Management LLC bought a new position in Capital Group Global Equity ETF during the third quarter valued at $9,289,000. Finally, Orion Porfolio Solutions LLC bought a new position in Capital Group Global Equity ETF during the third quarter valued at $12,378,000.

Capital Group Global Equity ETF Stock Up 0.5%

CGGE stock opened at $34.50 on Friday. Capital Group Global Equity ETF has a twelve month low of $27.83 and a twelve month high of $34.58. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of 24.18 and a beta of 0.82. The firm’s fifty day simple moving average is $32.45 and its two-hundred day simple moving average is $32.13.

Capital Group Global Equity ETF 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.