KWB Wealth Makes New $11.62 Million Investment in Capital Group New Geography Equity ETF $CGNG

KWB Wealth acquired a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 318,875 shares of the company’s stock, valued at approximately $11,623,000. Capital Group New Geography Equity ETF comprises 1.0% of KWB Wealth’s investment portfolio, making the stock its 29th largest holding.

Other large investors have also recently bought and sold shares of the company. James T. Borello RIA bought a new position in Capital Group New Geography Equity ETF during the third quarter valued at about $36,000. IFP Advisors Inc boosted its stake in shares of Capital Group New Geography Equity ETF by 102.1% during the 2nd quarter. IFP Advisors Inc now owns 1,512 shares of the company’s stock worth $57,000 after acquiring an additional 764 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the 4th quarter worth about $125,000. NWF Advisory Services Inc. acquired a new position in shares of Capital Group New Geography Equity ETF during the 2nd quarter valued at about $229,000. Finally, Fifth Third Bancorp acquired a new position in shares of Capital Group New Geography Equity ETF during the 1st quarter valued at about $234,000.

Capital Group New Geography Equity ETF Price Performance

Shares of CGNG stock traded down $0.54 during trading on Friday, reaching $34.54. The company had a trading volume of 563,055 shares, compared to its average volume of 624,376. The firm’s 50 day simple moving average is $36.64 and its two-hundred day simple moving average is $35.91. Capital Group New Geography Equity ETF has a one year low of $30.13 and a one year high of $38.25. The company has a market capitalization of $3.02 billion, a PE ratio of 19.57 and a beta of 0.84.

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.