Rockefeller Capital Management L.P. Takes Position in Capital Group New Geography Equity ETF $CGNG

Rockefeller Capital Management L.P. bought a new position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 63,110 shares of the company’s stock, valued at approximately $2,015,000. Rockefeller Capital Management L.P. owned approximately 0.14% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new position in Capital Group New Geography Equity ETF in the 4th quarter worth $34,000. EverSource Wealth Advisors LLC grew its stake in shares of Capital Group New Geography Equity ETF by 4,589.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock valued at $72,000 after acquiring an additional 2,203 shares in the last quarter. Transamerica Financial Advisors LLC grew its stake in shares of Capital Group New Geography Equity ETF by 68.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 3,709 shares of the company’s stock valued at $118,000 after acquiring an additional 1,513 shares in the last quarter. Comerica Bank increased its position in shares of Capital Group New Geography Equity ETF by 17.8% during the third quarter. Comerica Bank now owns 3,836 shares of the company’s stock worth $119,000 after acquiring an additional 579 shares during the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new stake in shares of Capital Group New Geography Equity ETF during the fourth quarter worth about $125,000.

Capital Group New Geography Equity ETF Stock Performance

NYSEARCA:CGNG opened at $36.92 on Tuesday. The stock has a market cap 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 one year low of $28.20 and a one year 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.