Saxony Capital Management LLC Makes New $596,000 Investment in Capital Group New Geography Equity ETF $CGNG

Saxony Capital Management LLC acquired a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 18,655 shares of the company’s stock, valued at approximately $596,000.

Several other large investors have also modified their holdings of CGNG. ORG Partners LLC increased its holdings in shares of Capital Group New Geography Equity ETF by 129.7% in the 4th quarter. ORG Partners LLC now owns 17,148 shares of the company’s stock valued at $548,000 after acquiring an additional 9,683 shares during the period. Lantz Financial LLC boosted its stake in Capital Group New Geography Equity ETF by 18.8% during the 4th quarter. Lantz Financial LLC now owns 94,046 shares of the company’s stock worth $3,003,000 after purchasing an additional 14,854 shares during the period. Eagle Rock Investment Company LLC acquired a new stake in Capital Group New Geography Equity ETF during the 4th quarter worth $241,000. LongView Wealth Management grew its position in Capital Group New Geography Equity ETF by 61.4% during the 4th quarter. LongView Wealth Management now owns 50,896 shares of the company’s stock worth $1,707,000 after purchasing an additional 19,368 shares during the last quarter. Finally, Stablepoint Partners LLC grew its position in Capital Group New Geography Equity ETF by 7.3% during the 4th quarter. Stablepoint Partners LLC now owns 44,869 shares of the company’s stock worth $1,433,000 after purchasing an additional 3,040 shares during the last quarter.

Capital Group New Geography Equity ETF Stock Performance

NYSEARCA CGNG opened at $30.27 on Tuesday. The firm’s fifty day moving average is $33.25 and its two-hundred day moving average is $32.23. Capital Group New Geography Equity ETF has a one year low of $22.22 and a one year high of $35.12. The firm has a market cap of $1.40 billion, a PE ratio of 19.57 and a beta of 0.55.

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.