DMKC Advisory Services LLC Purchases New Position in Capital Group New Geography Equity ETF $CGNG

DMKC Advisory Services LLC purchased a new position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 110,126 shares of the company’s stock, valued at approximately $4,125,000. DMKC Advisory Services LLC owned 0.15% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Sovran Advisors LLC increased its position in shares of Capital Group New Geography Equity ETF by 2.2% in the first quarter. Sovran Advisors LLC now owns 15,189 shares of the company’s stock valued at $529,000 after buying an additional 330 shares in the last quarter. Capital Investment Advisory Services LLC raised its stake in shares of 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 worth $324,000 after buying an additional 352 shares during the period. Mariner LLC lifted its position in shares of Capital Group New Geography Equity ETF by 2.4% during the 3rd quarter. Mariner LLC now owns 15,896 shares of the company’s stock valued at $491,000 after buying an additional 376 shares in the last quarter. Florida Financial Advisors LLC lifted its position in shares of Capital Group New Geography Equity ETF by 5.8% during the 4th quarter. Florida Financial Advisors LLC now owns 7,951 shares of the company’s stock valued at $254,000 after buying an additional 438 shares in the last quarter. Finally, Merited Wealth LLC grew its stake in Capital Group New Geography Equity ETF by 1.5% in the 1st quarter. Merited Wealth LLC now owns 32,260 shares of the company’s stock valued at $1,018,000 after acquiring an additional 484 shares during the period.

Capital Group New Geography Equity ETF Stock Performance

Shares of NYSEARCA CGNG opened at $36.63 on Thursday. The firm has a market cap of $2.79 billion, a PE ratio of 19.57 and a beta of 0.84. The firm has a fifty day moving average of $36.31 and a 200 day moving average of $34.71. Capital Group New Geography Equity ETF has a one year low of $28.70 and a one year high of $38.25.

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.