Capital Group Global Equity ETF $CGGE Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 12,801.7% in the fourth quarter, Holdings Channel reports. The firm owned 560,967 shares of the company’s stock after purchasing an additional 556,619 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Capital Group Global Equity ETF were worth $17,743,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Financial Council LLC purchased a new position in Capital Group Global Equity ETF during the 4th quarter worth approximately $230,000. Stonebridge Financial Group LLC MO purchased a new position in Capital Group Global Equity ETF during the 4th quarter worth approximately $242,000. Ameritas Advisory Services LLC raised its position in Capital Group Global Equity ETF by 549.0% during the 4th quarter. Ameritas Advisory Services LLC now owns 10,403 shares of the company’s stock worth $329,000 after buying an additional 8,800 shares during the last quarter. Koshinski Asset Management Inc. raised its position in Capital Group Global Equity ETF by 75.0% during the 4th quarter. Koshinski Asset Management Inc. now owns 45,001 shares of the company’s stock worth $1,423,000 after buying an additional 19,288 shares during the last quarter. Finally, MGO One Seven LLC purchased a new position in Capital Group Global Equity ETF during the 4th quarter worth approximately $448,000.

Capital Group Global Equity ETF Trading Up 1.6%

CGGE opened at $33.74 on Thursday. Capital Group Global Equity ETF has a 12-month low of $27.44 and a 12-month high of $34.02. The firm has a market capitalization of $2.56 billion, a PE ratio of 24.18 and a beta of 0.82. The firm has a 50 day moving average of $32.12 and a two-hundred day moving average of $32.00.

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.