Concurrent Investment Advisors LLC Has $4.89 Million Stock Holdings in Capital Group Global Equity ETF $CGGE

Concurrent Investment Advisors LLC lifted its stake in Capital Group Global Equity ETF (NYSEARCA:CGGE) by 4.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 167,350 shares of the company’s stock after acquiring an additional 6,515 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Capital Group Global Equity ETF were worth $4,885,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. acquired a new position in shares of Capital Group Global Equity ETF in the first quarter worth $71,956,000. Cetera Investment Advisers acquired a new position in shares of Capital Group Global Equity ETF in the first quarter worth $18,894,000. Investment Planning Advisors Inc. acquired a new position in shares of Capital Group Global Equity ETF in the second quarter worth $16,849,000. Royal Bank of Canada increased its stake in shares of Capital Group Global Equity ETF by 22.1% in the first quarter. Royal Bank of Canada now owns 437,918 shares of the company’s stock worth $11,324,000 after acquiring an additional 79,129 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Capital Group Global Equity ETF in the first quarter worth $8,485,000.

Capital Group Global Equity ETF Price Performance

Capital Group Global Equity ETF stock opened at $30.36 on Monday. The company has a market capitalization of $1.09 billion and a price-to-earnings ratio of 24.18. Capital Group Global Equity ETF has a one year low of $22.76 and a one year high of $31.32. The company’s fifty day moving average price is $30.28 and its two-hundred day moving average price is $28.47.

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.