Capital Group New Geography Equity ETF $CGNG Shares Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC lifted its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 90.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,881 shares of the company’s stock after buying an additional 37,478 shares during the quarter. Founders Financial Securities LLC’s holdings in Capital Group New Geography Equity ETF were worth $2,648,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Flagship Harbor Advisors LLC acquired a new position in Capital Group New Geography Equity ETF in the fourth quarter valued at approximately $34,000. EverSource Wealth Advisors LLC grew its stake in shares of Capital Group New Geography Equity ETF by 4,589.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock worth $72,000 after purchasing an additional 2,203 shares during the period. Transamerica Financial Advisors LLC grew its stake in shares of Capital Group New Geography Equity ETF by 68.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 3,709 shares of the company’s stock worth $118,000 after purchasing an additional 1,513 shares during the period. Comerica Bank increased its holdings in shares of Capital Group New Geography Equity ETF by 17.8% during 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 shares of Capital Group New Geography Equity ETF during the 4th quarter valued at approximately $125,000.

Capital Group New Geography Equity ETF Price Performance

CGNG opened at $37.98 on Friday. The firm has a fifty day moving average price of $35.67 and a 200 day moving average price of $33.80. Capital Group New Geography Equity ETF has a 1 year low of $27.36 and a 1 year high of $38.05. The stock has a market cap of $2.26 billion, a P/E ratio of 19.57 and a beta of 0.83.

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.