Bleakley Financial Group LLC Increases Stock Position in Capital Group New Geography Equity ETF $CGNG

Bleakley Financial Group LLC boosted its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 11.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 89,356 shares of the company’s stock after purchasing an additional 9,097 shares during the quarter. Bleakley Financial Group LLC owned about 0.42% of Capital Group New Geography Equity ETF worth $2,574,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its stake in Capital Group New Geography Equity ETF by 43.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 81,137 shares of the company’s stock worth $2,041,000 after purchasing an additional 24,514 shares in the last quarter. LPL Financial LLC lifted its stake in Capital Group New Geography Equity ETF by 190.3% in the 1st quarter. LPL Financial LLC now owns 111,229 shares of the company’s stock worth $2,799,000 after purchasing an additional 72,911 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group New Geography Equity ETF by 1,206.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 734,467 shares of the company’s stock worth $18,479,000 after purchasing an additional 678,244 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Capital Group New Geography Equity ETF by 8.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 59,813 shares of the company’s stock worth $1,505,000 after purchasing an additional 4,489 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Capital Group New Geography Equity ETF in the 1st quarter worth $550,000.

Capital Group New Geography Equity ETF Stock Up 0.4%

Shares of CGNG stock opened at $31.57 on Friday. The stock has a market cap of $1.01 billion and a P/E ratio of 19.57. Capital Group New Geography Equity ETF has a 52 week low of $22.22 and a 52 week high of $31.65. The company’s fifty day simple moving average is $30.48 and its two-hundred day simple moving average is $28.47.

Capital Group New Geography Equity ETF 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.