Ewa LLC Invests $5.84 Million in Capital Group New Geography Equity ETF $CGNG

Ewa LLC purchased a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the first quarter, according to its most recent filing with the SEC. The fund purchased 185,005 shares of the company’s stock, valued at approximately $5,841,000. Capital Group New Geography Equity ETF comprises 1.3% of Ewa LLC’s portfolio, making the stock its 16th biggest position. Ewa LLC owned approximately 0.32% of Capital Group New Geography Equity ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Apollon Wealth Management LLC bought a new position in Capital Group New Geography Equity ETF during the first quarter worth $282,000. Main Line Retirement Advisors LLC boosted its stake in Capital Group New Geography Equity ETF by 6.7% in the first quarter. Main Line Retirement Advisors LLC now owns 12,026 shares of the company’s stock valued at $380,000 after acquiring an additional 750 shares during the period. Heritage Wealth Management Inc. grew its holdings in shares of Capital Group New Geography Equity ETF by 12.8% during the first quarter. Heritage Wealth Management Inc. now owns 22,158 shares of the company’s stock valued at $700,000 after purchasing an additional 2,516 shares during the last quarter. RFG Advisory LLC grew its holdings in shares of Capital Group New Geography Equity ETF by 4.6% during the first quarter. RFG Advisory LLC now owns 18,970 shares of the company’s stock valued at $599,000 after purchasing an additional 836 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. grew its holdings in shares of Capital Group New Geography Equity ETF by 8.7% during the first quarter. Cornell Pochily Investment Advisors Inc. now owns 47,908 shares of the company’s stock valued at $1,512,000 after purchasing an additional 3,819 shares during the last quarter.

Capital Group New Geography Equity ETF Trading Up 1.2%

Shares of Capital Group New Geography Equity ETF stock opened at $36.92 on Tuesday. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 19.57 and a beta of 0.83. Capital Group New Geography Equity ETF has a twelve month low of $28.20 and a twelve month high of $38.25. The business’s 50 day simple moving average is $36.00 and its 200-day simple moving average is $34.03.

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.