Cetera Investment Advisers Increases Stock Position in Capital Group New Geography Equity ETF $CGNG

Cetera Investment Advisers raised its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 13.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,400,095 shares of the company’s stock after buying an additional 282,054 shares during the period. Cetera Investment Advisers’ holdings in Capital Group New Geography Equity ETF were worth $75,771,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of CGNG. Florida Financial Advisors LLC boosted its stake in shares of Capital Group New Geography Equity ETF by 80.6% during the 1st quarter. Florida Financial Advisors LLC now owns 14,358 shares of the company’s stock worth $453,000 after acquiring an additional 6,407 shares in the last quarter. Assetmark Inc. grew its position in shares of Capital Group New Geography Equity ETF by 28.8% during the 1st quarter. Assetmark Inc. now owns 425,882 shares of the company’s stock valued at $13,445,000 after acquiring an additional 95,215 shares during the period. Independent Financial Group LLC purchased a new position in shares of Capital Group New Geography Equity ETF in the 1st quarter valued at about $1,332,000. Birchwood Financial Partners Inc. raised its holdings in Capital Group New Geography Equity ETF by 109.6% in the 1st quarter. Birchwood Financial Partners Inc. now owns 8,232 shares of the company’s stock worth $260,000 after purchasing an additional 4,305 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in Capital Group New Geography Equity ETF by 137.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 18,127 shares of the company’s stock worth $572,000 after purchasing an additional 10,500 shares during the period.

Capital Group New Geography Equity ETF Trading Down 0.9%

Shares of CGNG stock opened at $35.59 on Friday. Capital Group New Geography Equity ETF has a 12-month low of $28.20 and a 12-month high of $38.25. The business’s 50 day moving average is $36.32 and its two-hundred day moving average is $34.56. The company has a market capitalization of $2.65 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.