Capital Group New Geography Equity ETF $CGNG Shares Bought by Founders Financial Securities LLC

Founders Financial Securities LLC increased its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 147.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,403 shares of the company’s stock after buying an additional 24,661 shares during the quarter. Founders Financial Securities LLC owned about 0.09% of Capital Group New Geography Equity ETF worth $1,322,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of CGNG. Flagship Harbor Advisors LLC acquired a new position in Capital Group New Geography Equity ETF in the 4th quarter worth approximately $34,000. EverSource Wealth Advisors LLC increased its holdings 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 worth $72,000 after buying an additional 2,203 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth approximately $105,000. Comerica Bank grew its stake in shares of 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 purchasing an additional 579 shares during the period. Finally, Sittner & Nelson LLC grew its stake in shares of Capital Group New Geography Equity ETF by 281.2% during the 3rd quarter. Sittner & Nelson LLC now owns 4,955 shares of the company’s stock worth $153,000 after purchasing an additional 3,655 shares during the period.

Capital Group New Geography Equity ETF Price Performance

Shares of NYSEARCA CGNG opened at $37.21 on Tuesday. The stock has a market capitalization of $2.21 billion, a price-to-earnings ratio of 19.57 and a beta of 0.82. Capital Group New Geography Equity ETF has a 12 month low of $27.23 and a 12 month high of $37.37. The firm’s 50 day simple moving average is $34.26 and its 200-day simple moving average is $33.30.

About Capital Group New Geography Equity ETF

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.