Armor Investment Advisors LLC Boosts Stock Position in Capital Group New Geography Equity ETF $CGNG

Armor Investment Advisors LLC boosted its position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 11.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 218,055 shares of the company’s stock after buying an additional 22,809 shares during the quarter. Capital Group New Geography Equity ETF accounts for approximately 2.5% of Armor Investment Advisors LLC’s investment portfolio, making the stock its 10th largest position. Armor Investment Advisors LLC’s holdings in Capital Group New Geography Equity ETF were worth $6,884,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new stake in Capital Group New Geography Equity ETF in the 4th quarter valued at about $34,000. EverSource Wealth Advisors LLC increased its holdings in shares of Capital Group New Geography Equity ETF by 4,589.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock valued at $72,000 after buying an additional 2,203 shares in the last quarter. Transamerica Financial Advisors LLC lifted its position in shares of Capital Group New Geography Equity ETF by 68.9% during the 4th 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 during the last quarter. Comerica Bank lifted its position in shares of Capital Group New Geography Equity ETF by 17.8% during the 3rd quarter. Comerica Bank now owns 3,836 shares of the company’s stock valued at $119,000 after acquiring an additional 579 shares during the last quarter. Finally, Birchwood Financial Partners Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the 4th quarter worth $125,000.

Capital Group New Geography Equity ETF Stock Down 2.3%

Shares of NYSEARCA CGNG opened at $36.25 on Wednesday. The stock’s fifty day simple moving average is $36.24 and its 200 day simple moving average is $34.24. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 19.57 and a beta of 0.81. 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 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.