Capital Group New Geography Equity ETF $CGNG Shares Bought by Capital Analysts LLC

Capital Analysts LLC grew its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 17.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 519,389 shares of the company’s stock after purchasing an additional 77,730 shares during the quarter. Capital Analysts LLC’s holdings in Capital Group New Geography Equity ETF were worth $19,456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CGNG. LPL Financial LLC grew its holdings in Capital Group New Geography Equity ETF by 48.1% in the 4th quarter. LPL Financial LLC now owns 4,532,999 shares of the company’s stock worth $144,739,000 after buying an additional 1,472,258 shares in the last quarter. Capital Group Private Client Services Inc. raised its stake in Capital Group New Geography Equity ETF by 9.1% during the 4th quarter. Capital Group Private Client Services Inc. now owns 2,651,446 shares of the company’s stock valued at $84,661,000 after acquiring an additional 220,620 shares in the last quarter. Cetera Investment Advisers boosted its position in Capital Group New Geography Equity ETF by 13.3% during the 1st quarter. Cetera Investment Advisers now owns 2,400,095 shares of the company’s stock worth $75,771,000 after acquiring an additional 282,054 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Capital Group New Geography Equity ETF by 28.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,736,735 shares of the company’s stock worth $55,454,000 after acquiring an additional 381,480 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of Capital Group New Geography Equity ETF by 131.4% during the first quarter. Bank of America Corp DE now owns 1,302,791 shares of the company’s stock valued at $41,129,000 after purchasing an additional 739,844 shares during the period.

Capital Group New Geography Equity ETF Stock Up 0.3%

CGNG stock opened at $37.40 on Wednesday. The company has a 50-day simple moving average of $36.32 and a 200 day simple moving average of $35.20. The company has a market capitalization of $2.85 billion, a P/E ratio of 19.57 and a beta of 0.84. Capital Group New Geography Equity ETF has a fifty-two week low of $29.93 and a fifty-two week high of $38.25.

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.