NewEdge Advisors LLC boosted its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report) by 9.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 719,193 shares of the company’s stock after acquiring an additional 61,277 shares during the period. NewEdge Advisors LLC’s holdings in Capital Group New Geography Equity ETF were worth $22,705,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. Flagship Harbor Advisors LLC acquired a new position in shares of Capital Group New Geography Equity ETF during the fourth quarter valued at about $34,000. EverSource Wealth Advisors LLC increased its position 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 worth $72,000 after acquiring an additional 2,203 shares in the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 68.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 3,709 shares of the company’s stock worth $118,000 after acquiring an additional 1,513 shares during the last quarter. Comerica Bank raised its holdings in shares of Capital Group New Geography Equity ETF by 17.8% in the 3rd 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. bought a new position in Capital Group New Geography Equity ETF in the 4th quarter valued at about $125,000.
Capital Group New Geography Equity ETF Stock Performance
CGNG stock opened at $36.60 on Friday. The company has a market capitalization of $2.79 billion, a P/E ratio of 19.57 and a beta of 0.84. Capital Group New Geography Equity ETF has a 52-week low of $28.94 and a 52-week high of $38.25. The business has a 50-day simple moving average of $36.29 and a two-hundred day simple moving average of $34.75.
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.
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Want to see what other hedge funds are holding CGNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report).
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