KWB Wealth acquired a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report) 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.
Further Reading
- Five stocks we like better than Capital Group New Geography Equity ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding CGNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report).
Receive News & Ratings for Capital Group New Geography Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group New Geography Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
