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CCMG (CCM Global Equity ETF) is no longer actively trading.
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Under typical circumstances, the fund is committed to allocating a minimum of 80% of its net assets (including any capital borrowed for investment) to equity-related investments. For this fund, "equity securities" broadly encompass common and preferred stocks listed in the U.S., various depositary receipts (like American Depositary Receipts or ADRs, and Global Depositary Receipts or GDRs), Exchange-Traded Funds (ETFs) that offer wide-ranging exposure to both domestic and international companies across all market capitalizations, and securities related to real estate.
CCM Global Equity ETF (NYSEARCA:CCMG - Get Free Report) traded up 2.7% during trading on Thursday. The stock traded as high as $33.9303 and last traded at $33.9303. 35,930 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 37,137 shares. The stock had previously closed at $33.0427.
The New York Stock Exchange announced the launch of the CCM Global Equity ETF (NYSE Arca: CCMG) on Thursday. According to its summary prospectus, the actively managed ETF invests primarily in equities selected by its sub-advisor, CCM Investment Group.