Petredis Investment Advisors LLC Raises Stock Holdings in Capital Group New Geography Equity ETF $CGNG

Petredis Investment Advisors LLC raised its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 2.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 501,303 shares of the company’s stock after acquiring an additional 13,941 shares during the period. Capital Group New Geography Equity ETF makes up approximately 1.3% of Petredis Investment Advisors LLC’s holdings, making the stock its 19th biggest position. Petredis Investment Advisors LLC owned approximately 0.87% of Capital Group New Geography Equity ETF worth $15,826,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Bfsg LLC boosted its holdings in Capital Group New Geography Equity ETF by 3,606.4% in the fourth quarter. Bfsg LLC now owns 38,621 shares of the company’s stock worth $1,233,000 after purchasing an additional 37,579 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in Capital Group New Geography Equity ETF in the 4th quarter worth approximately $1,008,000. Stonebridge Financial Group LLC raised its stake in Capital Group New Geography Equity ETF by 73.9% during the 4th quarter. Stonebridge Financial Group LLC now owns 44,452 shares of the company’s stock valued at $1,419,000 after buying an additional 18,896 shares during the last quarter. Capital Group Private Client Services Inc. raised its stake in Capital Group New Geography Equity ETF by 44.4% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 2,430,826 shares of the company’s stock valued at $75,113,000 after buying an additional 747,156 shares during the last quarter. Finally, NavPoint Financial Inc. raised its stake in Capital Group New Geography Equity ETF by 46.6% during the 4th quarter. NavPoint Financial Inc. now owns 80,368 shares of the company’s stock valued at $2,566,000 after buying an additional 25,536 shares during the last quarter.

Capital Group New Geography Equity ETF Price Performance

NYSEARCA CGNG opened at $37.98 on Monday. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 19.57 and a beta of 0.83. Capital Group New Geography Equity ETF has a 1-year low of $27.36 and a 1-year high of $38.05. The business’s fifty day moving average price is $35.67 and its 200-day moving average price is $33.81.

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.