Clear Creek Financial Management LLC Takes $1.65 Million Position in Capital Group New Geography Equity ETF $CGNG

Clear Creek Financial Management LLC acquired a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 57,348 shares of the company’s stock, valued at approximately $1,652,000. Clear Creek Financial Management LLC owned about 0.27% of Capital Group New Geography Equity ETF as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Envestnet Asset Management Inc. lifted its position in Capital Group New Geography Equity ETF by 1,206.3% during the first quarter. Envestnet Asset Management Inc. now owns 734,467 shares of the company’s stock valued at $18,479,000 after purchasing an additional 678,244 shares during the last quarter. Johnson Bixby & Associates LLC boosted its stake in Capital Group New Geography Equity ETF by 9.5% during the second quarter. Johnson Bixby & Associates LLC now owns 493,775 shares of the company’s stock worth $14,226,000 after buying an additional 42,655 shares during the period. Petredis Investment Advisors LLC purchased a new position in Capital Group New Geography Equity ETF during the second quarter worth $13,706,000. Confluence Wealth Services Inc. boosted its stake in Capital Group New Geography Equity ETF by 10.8% during the second quarter. Confluence Wealth Services Inc. now owns 396,010 shares of the company’s stock worth $11,409,000 after buying an additional 38,713 shares during the period. Finally, Royal Bank of Canada boosted its stake in Capital Group New Geography Equity ETF by 2,330.7% during the first quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock worth $8,817,000 after buying an additional 336,020 shares during the period.

Capital Group New Geography Equity ETF Stock Down 0.7%

NYSEARCA CGNG opened at $31.19 on Friday. The company has a fifty day moving average of $30.02 and a two-hundred day moving average of $27.98. The firm has a market capitalization of $935.70 million and a price-to-earnings ratio of 19.57. Capital Group New Geography Equity ETF has a 52 week low of $22.22 and a 52 week high of $31.46.

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.