TrueWealth Financial Partners Invests $777,000 in Capital Group New Geography Equity ETF $CGNG

TrueWealth Financial Partners purchased a new position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 24,341 shares of the company’s stock, valued at approximately $777,000. TrueWealth Financial Partners owned 0.05% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGNG. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group New Geography Equity ETF by 1,392.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,355,255 shares of the company’s stock worth $41,877,000 after acquiring an additional 1,264,471 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group New Geography Equity ETF by 119.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,219,043 shares of the company’s stock worth $68,568,000 after acquiring an additional 1,208,748 shares during the period. Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group New Geography Equity ETF by 44.4% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 2,430,826 shares of the company’s stock worth $75,113,000 after acquiring an additional 747,156 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Capital Group New Geography Equity ETF by 71.6% during the 3rd quarter. Raymond James Financial Inc. now owns 1,273,786 shares of the company’s stock worth $39,360,000 after acquiring an additional 531,580 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Capital Group New Geography Equity ETF by 1,392.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 427,985 shares of the company’s stock worth $14,222,000 after acquiring an additional 399,303 shares during the period.

Capital Group New Geography Equity ETF Trading Up 1.4%

Shares of Capital Group New Geography Equity ETF stock opened at $36.17 on Thursday. The company has a 50 day moving average of $33.33 and a 200-day moving average of $32.91. Capital Group New Geography Equity ETF has a 1-year low of $26.95 and a 1-year high of $36.55. The company has a market cap of $2.15 billion, a PE ratio of 19.57 and a beta of 0.82.

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.