Cetera Investment Advisers Raises Stock Holdings in Capital Group New Geography Equity ETF $CGNG

Cetera Investment Advisers grew its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 13.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,400,095 shares of the company’s stock after purchasing an additional 282,054 shares during the period. Cetera Investment Advisers owned approximately 4.04% of Capital Group New Geography Equity ETF worth $75,771,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Sovran Advisors LLC lifted its stake in Capital Group New Geography Equity ETF by 2.2% during the 1st quarter. Sovran Advisors LLC now owns 15,189 shares of the company’s stock valued at $529,000 after acquiring an additional 330 shares during the period. Capital Investment Advisory Services LLC increased its stake in shares of Capital Group New Geography Equity ETF by 3.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 10,142 shares of the company’s stock worth $324,000 after acquiring an additional 352 shares during the period. Mariner LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 2.4% during the third quarter. Mariner LLC now owns 15,896 shares of the company’s stock worth $491,000 after purchasing an additional 376 shares during the last quarter. Florida Financial Advisors LLC lifted its position in Capital Group New Geography Equity ETF by 5.8% during 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 period. Finally, Merited Wealth LLC lifted its position in Capital Group New Geography Equity ETF by 1.5% during 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 period.

Capital Group New Geography Equity ETF Stock Performance

Shares of CGNG opened at $35.59 on Friday. The business’s 50-day moving average is $36.32 and its two-hundred day moving average is $34.56. The company has a market capitalization of $2.65 billion, a P/E ratio of 19.57 and a beta of 0.81. Capital Group New Geography Equity ETF has a fifty-two week low of $28.20 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.