J. Derek Lewis & Associates Inc. boosted its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report) by 16.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 171,111 shares of the company’s stock after acquiring an additional 24,538 shares during the quarter. Capital Group New Geography Equity ETF accounts for approximately 1.1% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 19th largest position. J. Derek Lewis & Associates Inc.’s holdings in Capital Group New Geography Equity ETF were worth $6,237,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the business. Birchwood Financial Partners Inc. raised its stake in shares of Capital Group New Geography Equity ETF by 37.4% in the third quarter. Birchwood Financial Partners Inc. now owns 18,691 shares of the company’s stock worth $681,000 after purchasing an additional 5,085 shares during the last quarter. Kestra Advisory Services LLC boosted its position in shares of Capital Group New Geography Equity ETF by 39.8% during the third quarter. Kestra Advisory Services LLC now owns 173,272 shares of the company’s stock valued at $6,316,000 after buying an additional 49,355 shares during the last quarter. Claro Advisors Inc. increased its holdings in Capital Group New Geography Equity ETF by 10.6% in the 3rd quarter. Claro Advisors Inc. now owns 47,244 shares of the company’s stock worth $1,722,000 after buying an additional 4,541 shares in the last quarter. Quadcap Wealth Management LLC increased its holdings in Capital Group New Geography Equity ETF by 6.0% in the 3rd quarter. Quadcap Wealth Management LLC now owns 298,020 shares of the company’s stock worth $10,863,000 after buying an additional 16,950 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Capital Group New Geography Equity ETF by 14.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,228,149 shares of the company’s stock worth $44,766,000 after buying an additional 151,240 shares in the last quarter.
Capital Group New Geography Equity ETF Stock Performance
Shares of NYSEARCA:CGNG opened at $32.55 on Friday. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 19.57 and a beta of 0.90. The business has a 50-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 fifty-two week low of $30.13 and a fifty-two week high of $38.25.
Capital Group New Geography Equity ETF 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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