Diversify Wealth Management LLC Takes Position in Capital Group New Geography Equity ETF $CGNG

Diversify Wealth Management LLC acquired a new position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 16,605 shares of the company’s stock, valued at approximately $567,000.

Several other large investors also recently made changes to their positions in the business. Sovran Advisors LLC grew its stake in shares of Capital Group New Geography Equity ETF by 2.2% during the first quarter. Sovran Advisors LLC now owns 15,189 shares of the company’s stock valued at $529,000 after acquiring an additional 330 shares in the last quarter. Capital Investment Advisory Services LLC raised its stake in Capital Group New Geography Equity ETF by 3.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 10,142 shares of the company’s stock worth $324,000 after acquiring an additional 352 shares during the period. Mariner LLC lifted its holdings in Capital Group New Geography Equity ETF by 2.4% in the third quarter. Mariner LLC now owns 15,896 shares of the company’s stock worth $491,000 after acquiring an additional 376 shares during the last quarter. Florida Financial Advisors LLC boosted its stake in Capital Group New Geography Equity ETF by 5.8% in the fourth quarter. Florida Financial Advisors LLC now owns 7,951 shares of the company’s stock valued at $254,000 after acquiring an additional 438 shares during the period. Finally, Merited Wealth LLC boosted its stake in Capital Group New Geography Equity ETF by 1.5% in the first quarter. Merited Wealth LLC now owns 32,260 shares of the company’s stock valued at $1,018,000 after acquiring an additional 484 shares during the period.

Capital Group New Geography Equity ETF Trading Down 1.1%

NYSEARCA:CGNG opened at $35.06 on Friday. The firm has a market capitalization of $2.59 billion, a PE ratio of 19.57 and a beta of 0.81. The stock has a 50 day moving average of $36.36 and a 200-day moving average of $34.45. Capital Group New Geography Equity ETF has a 52 week low of $28.20 and a 52 week high of $38.25.

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.