Commonwealth Equity Services LLC lifted its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report) by 14.0% in the third quarter, HoldingsChannel reports. The fund owned 1,228,149 shares of the company’s stock after buying an additional 151,240 shares during the period. Commonwealth Equity Services LLC’s holdings in Capital Group New Geography Equity ETF were worth $44,766,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of Capital Group New Geography Equity ETF by 131.4% in the 1st quarter. Bank of America Corp DE now owns 1,302,791 shares of the company’s stock valued at $41,129,000 after purchasing an additional 739,844 shares in the last quarter. First Pacific Financial purchased a new position in Capital Group New Geography Equity ETF in the 3rd quarter worth $16,293,000. KWB Wealth purchased a new position in Capital Group New Geography Equity ETF in the 3rd quarter worth $11,623,000. Cetera Investment Advisers raised its position in 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 purchasing an additional 282,054 shares during the period. Finally, Sentinel Advisory Group LLC bought a new stake in Capital Group New Geography Equity ETF in the first quarter worth $7,689,000.
Capital Group New Geography Equity ETF Stock Up 1.8%
Capital Group New Geography Equity ETF stock opened at $32.55 on Friday. The firm has a fifty day simple moving average of $35.74 and a two-hundred day simple moving average of $35.14. Capital Group New Geography Equity ETF has a twelve month low of $30.13 and a twelve month high of $38.25. The company has a market capitalization of $2.93 billion, a PE ratio of 19.57 and a beta of 0.90.
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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Want to see what other hedge funds are holding CGNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report).
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