Capital Group New Geography Equity ETF $CGNG Shares Purchased by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. boosted its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 9.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,651,446 shares of the company’s stock after buying an additional 220,620 shares during the quarter. Capital Group New Geography Equity ETF accounts for about 1.3% of Capital Group Private Client Services Inc.’s investment portfolio, making the stock its 13th largest position. Capital Group Private Client Services Inc. owned approximately 5.71% of Capital Group New Geography Equity ETF worth $84,661,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sittner & Nelson LLC grew its position in Capital Group New Geography Equity ETF by 80.3% during the 4th quarter. Sittner & Nelson LLC now owns 8,933 shares of the company’s stock worth $304,000 after purchasing an additional 3,978 shares in the last quarter. Natixis Advisors LLC grew its position in Capital Group New Geography Equity ETF by 423.5% during the 4th quarter. Natixis Advisors LLC now owns 56,924 shares of the company’s stock worth $1,818,000 after purchasing an additional 46,051 shares in the last quarter. Vantus Wealth LLC purchased a new position in Capital Group New Geography Equity ETF during the 4th quarter worth approximately $300,000. NewCorp Financial Services Inc. purchased a new position in Capital Group New Geography Equity ETF during the 4th quarter worth approximately $4,262,000. Finally, Peapack Gladstone Financial Corp grew its position in Capital Group New Geography Equity ETF by 120.1% during the 4th quarter. Peapack Gladstone Financial Corp now owns 132,223 shares of the company’s stock worth $4,222,000 after purchasing an additional 72,161 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

NYSEARCA CGNG opened at $34.88 on Friday. Capital Group New Geography Equity ETF has a twelve month low of $27.36 and a twelve month high of $37.60. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 19.57 and a beta of 0.83. The firm’s 50 day moving average price is $34.67 and its two-hundred day moving average price is $33.42.

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.