Capital Group New Geography Equity ETF $CGNG Stock: Quadcap Wealth Management LLC Raises Stake

Quadcap Wealth Management LLC lifted its position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 6.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 298,020 shares of the company’s stock after acquiring an additional 16,950 shares during the period. Capital Group New Geography Equity ETF accounts for 1.0% of Quadcap Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. Quadcap Wealth Management LLC owned about 0.34% of Capital Group New Geography Equity ETF worth $10,863,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC raised its stake in Capital Group New Geography Equity ETF by 14.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,228,149 shares of the company’s stock valued at $44,766,000 after acquiring an additional 151,240 shares in the last quarter. Bfsg LLC boosted its position in shares of Capital Group New Geography Equity ETF by 15.2% during the 3rd quarter. Bfsg LLC now owns 65,578 shares of the company’s stock valued at $2,390,000 after purchasing an additional 8,643 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new position in Capital Group New Geography Equity ETF in the third quarter worth approximately $32,000. Signature Equity Partners LLC grew its holdings in shares of Capital Group New Geography Equity ETF by 2,360.0% in the 3rd quarter. Signature Equity Partners LLC now owns 7,257 shares of the company’s stock worth $265,000 after acquiring an additional 6,962 shares during the last quarter. Finally, Landaas & Co. WI ADV raised its holdings in Capital Group New Geography Equity ETF by 10.4% during the 3rd quarter. Landaas & Co. WI ADV now owns 5,964 shares of the company’s stock worth $217,000 after buying an additional 564 shares during the period.

Capital Group New Geography Equity ETF Stock Performance

Capital Group New Geography Equity ETF stock opened at $31.98 on Friday. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of 19.57 and a beta of 0.90. The company has a 50 day moving average price of $35.83 and a 200 day moving average price of $35.14. Capital Group New Geography Equity ETF has a 52 week low of $30.13 and a 52 week high of $38.25.

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.