Stewardship Concepts Financial Services LLC Invests $2.76 Million in Capital Group New Geography Equity ETF $CGNG

Stewardship Concepts Financial Services LLC acquired a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 86,388 shares of the company’s stock, valued at approximately $2,763,000. Capital Group New Geography Equity ETF comprises 2.3% of Stewardship Concepts Financial Services LLC’s investment portfolio, making the stock its 17th largest holding. Stewardship Concepts Financial Services LLC owned approximately 0.21% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada increased its position in Capital Group New Geography Equity ETF by 2,330.7% during the 1st quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock valued at $8,817,000 after buying an additional 336,020 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new stake in Capital Group New Geography Equity ETF in the second quarter worth about $1,758,000. Baird Financial Group Inc. grew its stake in shares of Capital Group New Geography Equity ETF by 154.6% during the second quarter. Baird Financial Group Inc. now owns 110,708 shares of the company’s stock worth $3,189,000 after acquiring an additional 67,218 shares during the last quarter. Cary Street Partners Financial LLC purchased a new stake in shares of Capital Group New Geography Equity ETF during the second quarter worth about $1,907,000. Finally, Acorn Wealth Advisors LLC increased its holdings in shares of Capital Group New Geography Equity ETF by 7.6% during the second quarter. Acorn Wealth Advisors LLC now owns 16,337 shares of the company’s stock valued at $471,000 after acquiring an additional 1,149 shares in the last quarter.

Capital Group New Geography Equity ETF Price Performance

CGNG opened at $31.62 on Friday. The company has a market cap of $1.75 billion, a P/E ratio of 19.57 and a beta of 0.55. The firm’s 50-day moving average price is $33.13 and its 200-day moving average price is $32.25. Capital Group New Geography Equity ETF has a 52-week low of $22.22 and a 52-week high of $35.12.

Capital Group New Geography Equity ETF Company 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.