Valmark Advisers Inc. Acquires 21,929 Shares of Capital Group New Geography Equity ETF $CGNG

Valmark Advisers Inc. raised its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 70.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 52,843 shares of the company’s stock after acquiring an additional 21,929 shares during the quarter. Valmark Advisers Inc. owned approximately 0.09% of Capital Group New Geography Equity ETF worth $1,668,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CGNG. LPL Financial LLC raised its position in Capital Group New Geography Equity ETF by 48.1% during the 4th quarter. LPL Financial LLC now owns 4,532,999 shares of the company’s stock worth $144,739,000 after purchasing an additional 1,472,258 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Capital Group New Geography Equity ETF by 1,392.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,355,255 shares of the company’s stock worth $41,877,000 after acquiring an additional 1,264,471 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Capital Group New Geography Equity ETF by 334.5% in the fourth quarter. Wells Fargo & Company MN now owns 692,051 shares of the company’s stock worth $22,097,000 after acquiring an additional 532,769 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Capital Group New Geography Equity ETF by 71.6% in the third quarter. Raymond James Financial Inc. now owns 1,273,786 shares of the company’s stock worth $39,360,000 after acquiring an additional 531,580 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in Capital Group New Geography Equity ETF by 162.6% in the fourth quarter. Osaic Holdings Inc. now owns 801,988 shares of the company’s stock valued at $25,610,000 after acquiring an additional 496,612 shares during the last quarter.

Capital Group New Geography Equity ETF Price Performance

Shares of CGNG stock opened at $35.67 on Tuesday. The stock has a market capitalization of $2.59 billion, a PE ratio of 19.57 and a beta of 0.81. The business’s 50 day simple moving average is $36.39 and its 200 day simple moving average is $34.36. Capital Group New Geography Equity ETF has a one year low of $28.20 and a one 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.