Capital Group New Geography Equity ETF $CGNG Position Raised by NavPoint Financial Inc.

NavPoint Financial Inc. grew its position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 22.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 98,320 shares of the company’s stock after acquiring an additional 17,952 shares during the quarter. Capital Group New Geography Equity ETF comprises about 1.3% of NavPoint Financial Inc.’s investment portfolio, making the stock its 23rd largest holding. NavPoint Financial Inc.’s holdings in Capital Group New Geography Equity ETF were worth $3,104,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Royal Bank of Canada boosted its stake in Capital Group New Geography Equity ETF by 2,330.7% during the 1st quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock valued at $8,817,000 after purchasing an additional 336,020 shares during the period. Baird Financial Group Inc. grew its holdings 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 worth $3,189,000 after buying an additional 67,218 shares in the last quarter. 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 worth $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% in the 2nd quarter. Raymond James Financial Inc. now owns 742,206 shares of the company’s stock valued at $21,383,000 after acquiring 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% in the 2nd quarter. Jane Street Group LLC now owns 273,985 shares of the company’s stock valued at $7,894,000 after acquiring an additional 255,637 shares during the period.

Capital Group New Geography Equity ETF Price Performance

Shares of Capital Group New Geography Equity ETF stock opened at $36.56 on Thursday. The business’s fifty day moving average price is $36.08 and its two-hundred day moving average price is $34.10. The company has a market capitalization of $2.62 billion, a P/E ratio of 19.57 and a beta of 0.81. Capital Group New Geography Equity ETF has a 1-year low of $28.20 and a 1-year high of $38.25.

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.