Capital Group New Geography Equity ETF $CGNG Shares Purchased by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp increased its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 120.1% in the 4th quarter, Holdings Channel reports. The firm owned 132,223 shares of the company’s stock after purchasing an additional 72,161 shares during the period. Peapack Gladstone Financial Corp’s holdings in Capital Group New Geography Equity ETF were worth $4,222,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Florida Financial Advisors LLC raised its holdings in Capital Group New Geography Equity ETF by 5.8% in the 4th quarter. Florida Financial Advisors LLC now owns 7,951 shares of the company’s stock valued at $254,000 after acquiring an additional 438 shares during the last quarter. Founders Financial Securities LLC raised its holdings in Capital Group New Geography Equity ETF by 147.3% in the 4th quarter. Founders Financial Securities LLC now owns 41,403 shares of the company’s stock valued at $1,322,000 after acquiring an additional 24,661 shares during the last quarter. Acorn Wealth Advisors LLC raised its holdings in Capital Group New Geography Equity ETF by 66.1% in the 4th quarter. Acorn Wealth Advisors LLC now owns 51,343 shares of the company’s stock valued at $1,639,000 after acquiring an additional 20,433 shares during the last quarter. Rothschild Investment LLC raised its holdings in Capital Group New Geography Equity ETF by 93.8% in the 4th quarter. Rothschild Investment LLC now owns 6,200 shares of the company’s stock valued at $198,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group New Geography Equity ETF by 28.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,736,735 shares of the company’s stock valued at $55,454,000 after acquiring an additional 381,480 shares during the last quarter.

Capital Group New Geography Equity ETF Trading Up 0.9%

CGNG stock opened at $37.56 on Wednesday. The company has a market cap of $2.23 billion, a price-to-earnings ratio of 19.57 and a beta of 0.82. Capital Group New Geography Equity ETF has a 12 month low of $27.36 and a 12 month high of $37.60. The firm has a 50-day moving average of $34.26 and a two-hundred day moving average of $33.30.

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.