NewEdge Advisors LLC grew its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report) by 10.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 795,666 shares of the company’s stock after purchasing an additional 76,473 shares during the period. NewEdge Advisors LLC owned approximately 1.05% of Capital Group New Geography Equity ETF worth $29,806,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. IFP Advisors Inc lifted its holdings in shares of Capital Group New Geography Equity ETF by 102.1% during the second quarter. IFP Advisors Inc now owns 1,512 shares of the company’s stock worth $57,000 after purchasing an additional 764 shares during the period. EverSource Wealth Advisors LLC increased its stake in Capital Group New Geography Equity ETF by 4,589.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock valued at $72,000 after buying an additional 2,203 shares during the period. Transamerica Financial Advisors LLC increased its stake in Capital Group New Geography Equity ETF by 68.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 3,709 shares of the company’s stock valued at $118,000 after buying an additional 1,513 shares during the period. Comerica Bank raised its position in Capital Group New Geography Equity ETF by 17.8% during the 3rd quarter. Comerica Bank now owns 3,836 shares of the company’s stock worth $119,000 after buying an additional 579 shares during the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new position in Capital Group New Geography Equity ETF during the 4th quarter worth $125,000.
Capital Group New Geography Equity ETF Stock Performance
CGNG stock opened at $37.22 on Thursday. Capital Group New Geography Equity ETF has a one year low of $30.13 and a one year high of $38.25. The stock has a market capitalization of $2.83 billion, a PE ratio of 19.57 and a beta of 0.84. The company has a fifty day moving average of $36.33 and a 200-day moving average of $35.22.
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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