Capital Group New Geography Equity ETF $CGNG Shares Purchased by LongView Wealth Management

LongView Wealth Management boosted its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 61.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 50,896 shares of the company’s stock after purchasing an additional 19,368 shares during the period. LongView Wealth Management’s holdings in Capital Group New Geography Equity ETF were worth $1,707,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in shares of 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. MAI Capital Management acquired a new position in Capital Group New Geography Equity ETF during the 2nd quarter worth about $176,000. Steward Partners Investment Advisory LLC boosted its holdings in Capital Group New Geography Equity ETF by 10.2% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 41,486 shares of the company’s stock valued at $1,195,000 after acquiring an additional 3,832 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in Capital Group New Geography Equity ETF during the 2nd quarter valued at about $2,615,000. Finally, Stablepoint Partners LLC grew its position in Capital Group New Geography Equity ETF by 5.5% in the 2nd quarter. Stablepoint Partners LLC now owns 39,569 shares of the company’s stock valued at $1,140,000 after acquiring an additional 2,079 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of CGNG opened at $30.86 on Friday. The company’s 50-day simple moving average is $33.37 and its 200-day simple moving average is $32.20. Capital Group New Geography Equity ETF has a 1 year low of $22.22 and a 1 year high of $35.12. The stock has a market capitalization of $1.43 billion, a PE ratio of 19.57 and a beta of 0.55.

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.