Gateway Wealth Partners LLC Has $2.54 Million Position in Capital Group New Geography Equity ETF $CGNG

Gateway Wealth Partners LLC increased its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 415.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,408 shares of the company’s stock after acquiring an additional 64,795 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Capital Group New Geography Equity ETF were worth $2,539,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Bfsg LLC boosted its position in shares of Capital Group New Geography Equity ETF by 3,606.4% during the 4th quarter. Bfsg LLC now owns 38,621 shares of the company’s stock worth $1,233,000 after purchasing an additional 37,579 shares in the last quarter. Stonebridge Financial Group LLC increased its position in Capital Group New Geography Equity ETF by 73.9% in the 4th quarter. Stonebridge Financial Group LLC now owns 44,452 shares of the company’s stock valued at $1,419,000 after buying an additional 18,896 shares in the last quarter. NavPoint Financial Inc. increased its position in Capital Group New Geography Equity ETF by 46.6% in the 4th quarter. NavPoint Financial Inc. now owns 80,368 shares of the company’s stock valued at $2,566,000 after buying an additional 25,536 shares in the last quarter. SilverOak Wealth Management LLC raised its stake in Capital Group New Geography Equity ETF by 165.2% during the 4th quarter. SilverOak Wealth Management LLC now owns 281,216 shares of the company’s stock worth $8,979,000 after buying an additional 175,162 shares during the period. Finally, Garrett Wealth Advisory Group LLC boosted its holdings in Capital Group New Geography Equity ETF by 9.1% in the fourth quarter. Garrett Wealth Advisory Group LLC now owns 466,674 shares of the company’s stock worth $14,901,000 after acquiring an additional 38,895 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of NYSEARCA:CGNG opened at $35.25 on Tuesday. Capital Group New Geography Equity ETF has a 52-week low of $28.20 and a 52-week high of $38.25. The business’s 50 day simple moving average is $36.32 and its two-hundred day simple moving average is $34.59. The firm has a market cap of $2.64 billion, a P/E ratio of 19.57 and a beta of 0.81.

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.