Capital Group New Geography Equity ETF $CGNG Shares Sold by Stephens Inc. AR

Stephens Inc. AR lessened its position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 25.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 236,191 shares of the company’s stock after selling 80,350 shares during the quarter. Stephens Inc. AR’s holdings in Capital Group New Geography Equity ETF were worth $7,457,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC increased its holdings in Capital Group New Geography Equity ETF by 3.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 10,142 shares of the company’s stock valued at $324,000 after acquiring an additional 352 shares in the last quarter. Mariner LLC lifted its holdings in shares of Capital Group New Geography Equity ETF by 2.4% in the third quarter. Mariner LLC now owns 15,896 shares of the company’s stock valued at $491,000 after purchasing an additional 376 shares in the last quarter. Florida Financial Advisors LLC grew its position in shares of Capital Group New Geography Equity ETF by 5.8% in the fourth quarter. Florida Financial Advisors LLC now owns 7,951 shares of the company’s stock valued at $254,000 after purchasing an additional 438 shares during the last quarter. Merited Wealth LLC grew its position in shares of Capital Group New Geography Equity ETF by 1.5% in the first quarter. Merited Wealth LLC now owns 32,260 shares of the company’s stock valued at $1,018,000 after purchasing an additional 484 shares during the last quarter. Finally, Beckerman Institutional LLC increased its stake in shares of Capital Group New Geography Equity ETF by 3.9% during the 4th quarter. Beckerman Institutional LLC now owns 13,158 shares of the company’s stock worth $420,000 after purchasing an additional 494 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Down 2.6%

Shares of CGNG traded down $0.97 during mid-day trading on Tuesday, reaching $36.15. 241,024 shares of the company’s stock were exchanged, compared to its average volume of 648,155. Capital Group New Geography Equity ETF has a 52-week low of $28.20 and a 52-week high of $38.25. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 19.57 and a beta of 0.81. The company has a 50-day simple moving average of $36.15 and a two-hundred day simple moving average of $34.16.

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.