J. Derek Lewis & Associates Inc. Purchases Shares of 105,281 Capital Group New Geography Equity ETF $CGNG

J. Derek Lewis & Associates Inc. purchased a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 105,281 shares of the company’s stock, valued at approximately $3,362,000. Capital Group New Geography Equity ETF accounts for about 0.8% of J. Derek Lewis & Associates Inc.’s portfolio, making the stock its 26th largest position. J. Derek Lewis & Associates Inc. owned about 0.23% of Capital Group New Geography Equity ETF as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in CGNG. Rockefeller Capital Management L.P. purchased a new position in shares of Capital Group New Geography Equity ETF during the 4th quarter worth approximately $2,015,000. World Investment Advisors raised its position in Capital Group New Geography Equity ETF by 4.3% in the fourth quarter. World Investment Advisors now owns 15,717 shares of the company’s stock valued at $502,000 after purchasing an additional 652 shares during the period. Birchwood Financial Partners Inc. acquired a new position in Capital Group New Geography Equity ETF during the fourth quarter worth $125,000. Beacon Pointe Advisors LLC boosted its position in shares of Capital Group New Geography Equity ETF by 12.2% during the fourth quarter. Beacon Pointe Advisors LLC now owns 279,944 shares of the company’s stock worth $8,939,000 after buying an additional 30,377 shares during the period. Finally, NewEdge Advisors LLC grew its stake in shares of Capital Group New Geography Equity ETF by 10.4% in the fourth quarter. NewEdge Advisors LLC now owns 657,916 shares of the company’s stock valued at $21,007,000 after buying an additional 62,208 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

CGNG stock opened at $37.98 on Friday. The business’s fifty day moving average price is $35.67 and its 200 day moving average price is $33.80. Capital Group New Geography Equity ETF has a 12-month low of $27.36 and a 12-month high of $38.05. The company has a market capitalization of $2.26 billion, a PE ratio of 19.57 and a beta of 0.83.

Capital Group New Geography Equity ETF Profile

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.