Stephens Inc. AR Grows Stock Holdings in Capital Group Global Equity ETF $CGGE

Stephens Inc. AR lifted its stake in shares of Capital Group Global Equity ETF (NYSEARCA:CGGE) by 18.6% during the 1st quarter, HoldingsChannel reports. The firm owned 304,297 shares of the company’s stock after purchasing an additional 47,618 shares during the quarter. Stephens Inc. AR’s holdings in Capital Group Global Equity ETF were worth $9,281,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Koshinski Asset Management Inc. increased its holdings in shares of Capital Group Global Equity ETF by 20.6% during the 1st quarter. Koshinski Asset Management Inc. now owns 54,282 shares of the company’s stock worth $1,656,000 after buying an additional 9,281 shares during the last quarter. Latitude Advisors LLC acquired a new position in Capital Group Global Equity ETF in the first quarter valued at approximately $262,000. World Investment Advisors purchased a new position in Capital Group Global Equity ETF in the first quarter worth approximately $1,588,000. Private Advisor Group LLC grew its position in Capital Group Global Equity ETF by 38.1% in the first quarter. Private Advisor Group LLC now owns 179,592 shares of the company’s stock worth $5,478,000 after acquiring an additional 49,514 shares during the period. Finally, Merited Wealth LLC increased its stake in Capital Group Global Equity ETF by 2.7% during the first quarter. Merited Wealth LLC now owns 133,710 shares of the company’s stock worth $4,078,000 after acquiring an additional 3,485 shares during the last quarter.

Capital Group Global Equity ETF Stock Down 1.4%

NYSEARCA:CGGE traded down $0.51 on Tuesday, reaching $34.83. The company’s stock had a trading volume of 51,151 shares, compared to its average volume of 760,007. Capital Group Global Equity ETF has a 12-month low of $28.74 and a 12-month high of $35.40. The firm has a market cap of $2.90 billion, a price-to-earnings ratio of 24.18 and a beta of 0.80. The stock has a 50 day moving average price of $34.04 and a 200 day moving average price of $32.72.

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.