Royal Bank of Canada Boosts Stock Holdings in Capital Group Global Equity ETF $CGGE

Royal Bank of Canada boosted its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 8.6% in the 1st quarter, HoldingsChannel reports. The fund owned 1,198,245 shares of the company’s stock after buying an additional 94,789 shares during the quarter. Royal Bank of Canada’s holdings in Capital Group Global Equity ETF were worth $36,546,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of CGGE. Capital International Investors lifted its position in Capital Group Global Equity ETF by 15,343.0% in the fourth quarter. Capital International Investors now owns 3,801,915 shares of the company’s stock valued at $120,255,000 after purchasing an additional 3,777,296 shares during the last quarter. Wells Fargo & Company MN increased its stake 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 worth $73,836,000 after buying an additional 1,822,747 shares during the period. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Global Equity ETF by 20.8% in the fourth quarter. Capital Group Private Client Services Inc. now owns 5,413,104 shares of the company’s stock worth $171,217,000 after buying an additional 932,109 shares during the period. LPL Financial LLC raised its holdings in Capital Group Global Equity ETF by 43.1% during the 4th quarter. LPL Financial LLC now owns 2,741,720 shares of the company’s stock valued at $86,721,000 after buying an additional 826,247 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in Capital Group Global Equity ETF by 400.0% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 996,254 shares of the company’s stock valued at $31,512,000 after buying an additional 797,015 shares during the last quarter.

Capital Group Global Equity ETF Stock Up 1.0%

Shares of CGGE opened at $35.15 on Tuesday. The stock has a market capitalization of $2.99 billion, a P/E ratio of 24.18 and a beta of 0.80. Capital Group Global Equity ETF has a twelve month low of $29.20 and a twelve month high of $35.40. The firm has a fifty day simple moving average of $34.53 and a two-hundred day simple moving average of $33.11.

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.