Northwestern Mutual Wealth Management Co. Has $55.45 Million Stock Holdings in Capital Group New Geography Equity ETF $CGNG

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 28.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,736,735 shares of the company’s stock after acquiring an additional 381,480 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Capital Group New Geography Equity ETF were worth $55,454,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Capital Group Private Client Services Inc. grew its holdings in Capital Group New Geography Equity ETF by 44.4% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 2,430,826 shares of the company’s stock worth $75,113,000 after acquiring an additional 747,156 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Capital Group New Geography Equity ETF by 119.6% during the third quarter. Envestnet Asset Management Inc. now owns 2,219,043 shares of the company’s stock worth $68,568,000 after purchasing an additional 1,208,748 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Capital Group New Geography Equity ETF by 71.6% during the third quarter. Raymond James Financial Inc. now owns 1,273,786 shares of the company’s stock worth $39,360,000 after purchasing an additional 531,580 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Capital Group New Geography Equity ETF by 3.4% during the third quarter. NewEdge Advisors LLC now owns 595,708 shares of the company’s stock worth $18,407,000 after purchasing an additional 19,528 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of Capital Group New Geography Equity ETF by 8.2% during the third quarter. Captrust Financial Advisors now owns 577,943 shares of the company’s stock worth $17,858,000 after purchasing an additional 43,860 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Down 0.4%

Shares of NYSEARCA CGNG opened at $36.82 on Friday. The company’s fifty day moving average is $34.16 and its 200-day moving average is $33.25. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 19.57 and a beta of 0.82. Capital Group New Geography Equity ETF has a twelve month low of $27.03 and a twelve month high of $37.06.

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.