Capital Group New Geography Equity ETF $CGNG Stake Increased by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 39.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 173,272 shares of the company’s stock after purchasing an additional 49,355 shares during the quarter. Kestra Advisory Services LLC owned about 0.20% of Capital Group New Geography Equity ETF worth $6,316,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGNG. Baird Financial Group Inc. grew its holdings in Capital Group New Geography Equity ETF by 30.7% during the 2nd quarter. Baird Financial Group Inc. now owns 508,549 shares of the company’s stock valued at $19,050,000 after buying an additional 119,487 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the second quarter valued at approximately $827,000. HB Wealth Management LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the second quarter valued at approximately $1,055,000. Stonebridge Financial Group LLC raised its position in shares of Capital Group New Geography Equity ETF by 39.1% during the second quarter. Stonebridge Financial Group LLC now owns 108,734 shares of the company’s stock valued at $4,073,000 after buying an additional 30,590 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Capital Group New Geography Equity ETF by 53.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 87,601 shares of the company’s stock worth $3,282,000 after buying an additional 30,644 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

CGNG stock opened at $33.90 on Thursday. Capital Group New Geography Equity ETF has a one year low of $30.13 and a one year high of $38.25. The company’s fifty day moving average price is $35.56 and its 200-day moving average price is $35.14. The company has a market capitalization of $3.06 billion, a PE ratio of 19.57 and a beta of 0.90.

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.