Capital Group Global Equity ETF (NYSEARCA:CGGE – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 4,912 shares, a drop of 93.5% from the May 14th total of 75,114 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 780,886 shares, the short-interest ratio is presently 0.0 days.
Capital Group Global Equity ETF Price Performance
Shares of NYSEARCA CGGE remained flat at $33.80 during midday trading on Tuesday. 858,897 shares of the stock were exchanged, compared to its average volume of 788,321. The firm has a fifty day moving average of $33.06 and a 200 day moving average of $32.30. The stock has a market cap of $2.56 billion, a PE ratio of 24.18 and a beta of 0.82. Capital Group Global Equity ETF has a fifty-two week low of $27.85 and a fifty-two week high of $34.76.
Institutional Trading of Capital Group Global Equity ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new stake in Capital Group Global Equity ETF in the 3rd quarter valued at approximately $49,000. TD Waterhouse Canada Inc. acquired a new stake in Capital Group Global Equity ETF in the 4th quarter valued at approximately $58,000. Western Wealth Management LLC acquired a new stake in Capital Group Global Equity ETF in the 1st quarter valued at approximately $73,000. CIBC Private Wealth Group LLC acquired a new stake in Capital Group Global Equity ETF in the 3rd quarter valued at approximately $73,000. Finally, Comerica Bank acquired a new stake in Capital Group Global Equity ETF in the 3rd quarter valued at approximately $82,000.
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.
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