Private Advisor Group LLC Increases Position in Capital Group New Geography Equity ETF $CGNG

Private Advisor Group LLC increased its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 7.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 328,861 shares of the company’s stock after acquiring an additional 23,315 shares during the quarter. Private Advisor Group LLC owned approximately 0.56% of Capital Group New Geography Equity ETF worth $10,382,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in Capital Group New Geography Equity ETF by 2,330.7% during the 1st quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock worth $8,817,000 after purchasing an additional 336,020 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Capital Group New Geography Equity ETF by 154.6% during the 2nd quarter. Baird Financial Group Inc. now owns 110,708 shares of the company’s stock valued at $3,189,000 after buying an additional 67,218 shares during the last quarter. Peapack Gladstone Financial Corp grew its position in shares of Capital Group New Geography Equity ETF by 10.9% during the second quarter. Peapack Gladstone Financial Corp now owns 13,220 shares of the company’s stock worth $381,000 after buying an additional 1,300 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Capital Group New Geography Equity ETF by 131.3% during the second quarter. Raymond James Financial Inc. now owns 742,206 shares of the company’s stock worth $21,383,000 after buying an additional 421,319 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Capital Group New Geography Equity ETF by 1,393.3% in the second quarter. Jane Street Group LLC now owns 273,985 shares of the company’s stock worth $7,894,000 after buying an additional 255,637 shares during the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of NYSEARCA:CGNG opened at $36.15 on Monday. The firm has a market cap of $2.59 billion, a PE ratio of 19.57 and a beta of 0.81. The company has a fifty day simple moving average of $36.15 and a 200 day simple moving average of $34.16. Capital Group New Geography Equity ETF has a 12-month low of $28.20 and a 12-month high of $38.25.

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.