110,126 Shares in Capital Group New Geography Equity ETF $CGNG Purchased by DMKC Advisory Services LLC

DMKC Advisory Services LLC acquired a new position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 2nd quarter, HoldingsChannel reports. The firm acquired 110,126 shares of the company’s stock, valued at approximately $4,125,000.

Other hedge funds have also made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new position in shares of Capital Group New Geography Equity ETF in the fourth quarter valued at approximately $34,000. EverSource Wealth Advisors LLC increased its position in shares of Capital Group New Geography Equity ETF by 4,589.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock worth $72,000 after purchasing an additional 2,203 shares in the last quarter. Transamerica Financial Advisors LLC increased its position in shares of Capital Group New Geography Equity ETF by 68.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 3,709 shares of the company’s stock worth $118,000 after purchasing an additional 1,513 shares in the last quarter. Comerica Bank raised its stake in Capital Group New Geography Equity ETF by 17.8% in the 3rd quarter. Comerica Bank now owns 3,836 shares of the company’s stock valued at $119,000 after purchasing an additional 579 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in Capital Group New Geography Equity ETF in the 4th quarter valued at $125,000.

Capital Group New Geography Equity ETF Stock Performance

Shares of CGNG stock opened at $36.63 on Thursday. Capital Group New Geography Equity ETF has a fifty-two week low of $28.70 and a fifty-two week high of $38.25. The stock’s fifty day moving average is $36.31 and its two-hundred day moving average is $34.71. The firm has a market capitalization of $2.79 billion, a P/E ratio of 19.57 and a beta of 0.84.

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.