Inspirion Wealth Advisors LLC Makes New $511,000 Investment in Capital Group New Geography Equity ETF $CGNG

Inspirion Wealth Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,970 shares of the company’s stock, valued at approximately $511,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in shares of Capital Group New Geography Equity ETF in the fourth quarter worth approximately $34,000. EverSource Wealth Advisors LLC raised its stake in Capital Group New Geography Equity ETF by 4,589.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock valued at $72,000 after purchasing an additional 2,203 shares during the last quarter. Transamerica Financial Advisors LLC raised its stake in 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 valued at $118,000 after purchasing an additional 1,513 shares during the last quarter. Comerica Bank lifted its holdings in 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 valued at $119,000 after purchasing an additional 579 shares in the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new position in Capital Group New Geography Equity ETF in the 4th quarter valued at $125,000.

Capital Group New Geography Equity ETF Stock Down 0.4%

Shares of CGNG opened at $36.63 on Thursday. Capital Group New Geography Equity ETF has a 52-week low of $28.70 and a 52-week high of $38.25. The firm’s fifty day moving average is $36.31 and its two-hundred day moving average is $34.71. The stock has a market cap of $2.79 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.