Claro Advisors Inc. Has $1.33 Million Stake in Capital Group New Geography Equity ETF $CGNG

Claro Advisors Inc. boosted its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 57.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,685 shares of the company’s stock after buying an additional 15,195 shares during the period. Claro Advisors Inc. owned approximately 0.09% of Capital Group New Geography Equity ETF worth $1,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Investment Advisory Services LLC lifted its holdings in Capital Group New Geography Equity ETF by 3.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 10,142 shares of the company’s stock valued at $324,000 after buying an additional 352 shares during the period. Mariner LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 2.4% during the third quarter. Mariner LLC now owns 15,896 shares of the company’s stock valued at $491,000 after purchasing an additional 376 shares during the period. Florida Financial Advisors LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 5.8% during the fourth quarter. Florida Financial Advisors LLC now owns 7,951 shares of the company’s stock valued at $254,000 after purchasing an additional 438 shares during the period. Beckerman Institutional LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 3.9% during the fourth quarter. Beckerman Institutional LLC now owns 13,158 shares of the company’s stock valued at $420,000 after purchasing an additional 494 shares during the period. Finally, Cary Street Partners Financial LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 0.9% during the fourth quarter. Cary Street Partners Financial LLC now owns 64,481 shares of the company’s stock valued at $2,059,000 after purchasing an additional 566 shares during the period.

Capital Group New Geography Equity ETF Trading Down 0.2%

Shares of NYSEARCA CGNG opened at $36.91 on Thursday. The firm’s 50-day moving average price is $35.46 and its 200-day moving average price is $33.72. Capital Group New Geography Equity ETF has a 1-year low of $27.36 and a 1-year high of $37.68. The firm has a market capitalization of $2.19 billion, a P/E ratio of 19.57 and a beta of 0.83.

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.