Ergawealth Advisors Inc. Takes Position in Capital Group New Geography Equity ETF $CGNG

Ergawealth Advisors Inc. purchased a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 14,442 shares of the company’s stock, valued at approximately $416,000. Ergawealth Advisors Inc. owned 0.07% of Capital Group New Geography Equity ETF as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in CGNG. Intrinsic Value Partners LLC acquired a new stake in Capital Group New Geography Equity ETF during the second quarter worth $262,000. Truist Financial Corp grew its holdings in shares of Capital Group New Geography Equity ETF by 5.3% during the 2nd quarter. Truist Financial Corp now owns 13,385 shares of the company’s stock worth $386,000 after purchasing an additional 668 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Capital Group New Geography Equity ETF by 17.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 70,461 shares of the company’s stock worth $2,030,000 after purchasing an additional 10,648 shares during the last quarter. Nova R Wealth Inc. acquired a new stake in shares of Capital Group New Geography Equity ETF during the 2nd quarter worth about $489,000. Finally, Johnson Bixby & Associates LLC raised its holdings in Capital Group New Geography Equity ETF by 9.5% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 493,775 shares of the company’s stock valued at $14,226,000 after buying an additional 42,655 shares during the period.

Capital Group New Geography Equity ETF Price Performance

NYSEARCA CGNG opened at $31.26 on Friday. The stock has a market capitalization of $912.79 million and a P/E ratio of 19.57. The firm’s 50-day moving average is $29.82 and its two-hundred day moving average is $27.85. Capital Group New Geography Equity ETF has a 12 month low of $22.22 and a 12 month high of $31.36.

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.