RFG Advisory LLC Has $2.36 Million Stock Holdings in Capital Group New Geography Equity ETF $CGNG

RFG Advisory LLC raised its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 232.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,039 shares of the company’s stock after purchasing an additional 44,069 shares during the period. RFG Advisory LLC owned 0.08% of Capital Group New Geography Equity ETF worth $2,361,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of Capital Group New Geography Equity ETF by 2,330.7% during the first quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock worth $8,817,000 after purchasing an additional 336,020 shares during the period. Baird Financial Group Inc. boosted its stake in Capital Group New Geography Equity ETF by 154.6% in the 2nd quarter. Baird Financial Group Inc. now owns 110,708 shares of the company’s stock valued at $3,189,000 after purchasing an additional 67,218 shares during the period. Peapack Gladstone Financial Corp grew its holdings in Capital Group New Geography Equity ETF by 10.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 13,220 shares of the company’s stock valued at $381,000 after buying an additional 1,300 shares in the last quarter. Raymond James Financial Inc. increased its position in Capital Group New Geography Equity ETF by 131.3% during the 2nd quarter. Raymond James Financial Inc. now owns 742,206 shares of the company’s stock worth $21,383,000 after buying an additional 421,319 shares during the period. Finally, Jane Street Group LLC increased its position in Capital Group New Geography Equity ETF by 1,393.3% during the 2nd quarter. Jane Street Group LLC now owns 273,985 shares of the company’s stock worth $7,894,000 after buying an additional 255,637 shares during the period.

Capital Group New Geography Equity ETF Stock Performance

NYSEARCA:CGNG opened at $36.65 on Friday. Capital Group New Geography Equity ETF has a 52 week low of $30.13 and a 52 week high of $38.25. The firm’s 50-day simple moving average is $36.34 and its 200 day simple moving average is $35.23. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 19.57 and a beta of 0.84.

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.