Sentinel Advisory Group LLC purchased a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 243,539 shares of the company’s stock, valued at approximately $7,689,000. Capital Group New Geography Equity ETF makes up approximately 3.7% of Sentinel Advisory Group LLC’s investment portfolio, making the stock its 8th biggest position. Sentinel Advisory Group LLC owned about 0.41% of Capital Group New Geography Equity ETF as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CGNG. LPL Financial LLC raised its holdings in Capital Group New Geography Equity ETF by 48.1% in the fourth quarter. LPL Financial LLC now owns 4,532,999 shares of the company’s stock worth $144,739,000 after purchasing an additional 1,472,258 shares in the last quarter. Capital Group Private Client Services Inc. grew its position in shares of Capital Group New Geography Equity ETF by 9.1% in the 4th quarter. Capital Group Private Client Services Inc. now owns 2,651,446 shares of the company’s stock worth $84,661,000 after buying an additional 220,620 shares during the period. Cetera Investment Advisers grew its position in shares of Capital Group New Geography Equity ETF by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 2,400,095 shares of the company’s stock worth $75,771,000 after buying an additional 282,054 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Capital Group New Geography Equity ETF by 28.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,736,735 shares of the company’s stock worth $55,454,000 after buying an additional 381,480 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of Capital Group New Geography Equity ETF by 71.6% in the 3rd quarter. Raymond James Financial Inc. now owns 1,273,786 shares of the company’s stock worth $39,360,000 after acquiring an additional 531,580 shares in the last quarter.
Capital Group New Geography Equity ETF Price Performance
Shares of NYSEARCA CGNG opened at $35.16 on Friday. Capital Group New Geography Equity ETF has a 1 year low of $28.20 and a 1 year high of $38.25. The stock has a market cap of $2.62 billion, a P/E ratio of 19.57 and a beta of 0.81. The firm has a 50-day moving average of $36.32 and a 200 day moving average of $34.57.
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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