DMKC Advisory Services LLC Sells 27,031 Shares of Capital Group New Geography Equity ETF $CGNG

DMKC Advisory Services LLC trimmed its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 24.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 83,095 shares of the company’s stock after selling 27,031 shares during the quarter. DMKC Advisory Services LLC owned about 0.09% of Capital Group New Geography Equity ETF worth $3,029,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Provenance Wealth Advisors LLC bought a new stake in Capital Group New Geography Equity ETF during the 3rd quarter worth about $32,000. James T. Borello RIA bought a new position in shares of Capital Group New Geography Equity ETF in the third quarter worth about $36,000. IFP Advisors Inc lifted its position in shares of Capital Group New Geography Equity ETF by 102.1% during the second quarter. IFP Advisors Inc now owns 1,512 shares of the company’s stock worth $57,000 after purchasing an additional 764 shares in the last quarter. Victory Financial Group LLC acquired a new position in shares of Capital Group New Geography Equity ETF during the third quarter worth approximately $212,000. Finally, Landaas & Co. WI ADV lifted its position in shares of Capital Group New Geography Equity ETF by 10.4% during the third quarter. Landaas & Co. WI ADV now owns 5,964 shares of the company’s stock worth $217,000 after purchasing an additional 564 shares in the last quarter.

Capital Group New Geography Equity ETF Price Performance

CGNG opened at $33.52 on Tuesday. The stock has a market capitalization of $3.01 billion, a P/E ratio of 19.57 and a beta of 0.90. The company’s 50 day simple moving average is $35.68 and its 200-day simple moving average is $35.14. Capital Group New Geography Equity ETF has a one year low of $30.13 and a one year 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.