Stephens Inc. AR cut its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report) by 13.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 316,541 shares of the company’s stock after selling 51,172 shares during the period. Stephens Inc. AR owned about 0.68% of Capital Group New Geography Equity ETF worth $10,107,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of CGNG. Northwestern Mutual Wealth Management Co. raised its stake in Capital Group New Geography Equity ETF by 1,392.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,355,255 shares of the company’s stock valued at $41,877,000 after buying an additional 1,264,471 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Capital Group New Geography Equity ETF by 119.6% in the third quarter. Envestnet Asset Management Inc. now owns 2,219,043 shares of the company’s stock valued at $68,568,000 after buying an additional 1,208,748 shares in the last quarter. Capital Group Private Client Services Inc. raised its stake in Capital Group New Geography Equity ETF by 44.4% in the third quarter. Capital Group Private Client Services Inc. now owns 2,430,826 shares of the company’s stock valued at $75,113,000 after buying an additional 747,156 shares in the last quarter. Raymond James Financial Inc. raised its stake in Capital Group New Geography Equity ETF by 71.6% in the third quarter. Raymond James Financial Inc. now owns 1,273,786 shares of the company’s stock valued at $39,360,000 after buying an additional 531,580 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Capital Group New Geography Equity ETF by 1,392.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 427,985 shares of the company’s stock valued at $14,222,000 after buying an additional 399,303 shares in the last quarter.
Capital Group New Geography Equity ETF Price Performance
Capital Group New Geography Equity ETF stock opened at $35.36 on Friday. Capital Group New Geography Equity ETF has a 1-year low of $26.95 and a 1-year high of $36.55. The stock has a market cap of $2.10 billion, a PE ratio of 19.57 and a beta of 0.82. The stock’s fifty day moving average is $33.44 and its two-hundred day moving average is $32.96.
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.
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