Intrinsic Value Partners LLC Acquires Shares of 9,100 Capital Group New Geography Equity ETF $CGNG

Intrinsic Value Partners LLC acquired a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,100 shares of the company’s stock, valued at approximately $262,000.

Several other institutional investors have also bought and sold shares of CGNG. Wealth Enhancement Advisory Services LLC lifted its position in Capital Group New Geography Equity ETF by 238.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 30,855 shares of the company’s stock valued at $764,000 after purchasing an additional 21,725 shares during the last quarter. Merit Financial Group LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the 1st quarter worth about $399,000. Stablepoint Partners LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the 1st quarter worth about $943,000. McNamara Financial Services Inc. lifted its holdings in shares of Capital Group New Geography Equity ETF by 361.2% in the 1st quarter. McNamara Financial Services Inc. now owns 42,152 shares of the company’s stock worth $1,061,000 after acquiring an additional 33,012 shares during the last quarter. Finally, NavPoint Financial Inc. bought a new stake in shares of Capital Group New Geography Equity ETF in the 1st quarter worth about $511,000.

Capital Group New Geography Equity ETF Trading Up 0.1%

Capital Group New Geography Equity ETF stock opened at $31.26 on Friday. The firm has a 50-day moving average price of $29.82 and a 200-day moving average price of $27.84. The firm has a market capitalization of $912.79 million and a PE ratio of 19.57. Capital Group New Geography Equity ETF has a 12-month low of $22.22 and a 12-month high of $31.36.

About Capital Group New Geography Equity ETF

The Capital Group New Geography Equity ETF (CGNG) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investment in companies from the emerging markets, may include frontier markets securities. CGNG was launched on Jun 25, 2024 and is issued by Capital Group.