Capital Group New Geography Equity ETF $CGNG Shares Purchased by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC raised its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 165.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 281,216 shares of the company’s stock after acquiring an additional 175,162 shares during the period. Capital Group New Geography Equity ETF makes up 1.4% of SilverOak Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. SilverOak Wealth Management LLC’s holdings in Capital Group New Geography Equity ETF were worth $8,979,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC purchased a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth approximately $28,000. Geneos Wealth Management Inc. purchased a new position in shares of Capital Group New Geography Equity ETF in the 3rd quarter valued at $30,000. Bfsg LLC purchased a new position in shares of Capital Group New Geography Equity ETF in the 3rd quarter valued at $32,000. Flagship Harbor Advisors LLC acquired a new stake in Capital Group New Geography Equity ETF during the 4th quarter worth $34,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Capital Group New Geography Equity ETF during the 3rd quarter worth $105,000.

Capital Group New Geography Equity ETF Price Performance

Shares of CGNG opened at $34.22 on Wednesday. Capital Group New Geography Equity ETF has a 1-year low of $24.52 and a 1-year high of $35.28. The stock has a market cap of $1.99 billion, a PE ratio of 19.57 and a beta of 0.76. The firm has a fifty day moving average price of $33.11 and a 200 day moving average price of $32.50.

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.