NewEdge Advisors LLC Has $22.70 Million Position in Capital Group New Geography Equity ETF $CGNG

NewEdge Advisors LLC increased its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 9.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 719,193 shares of the company’s stock after acquiring an additional 61,277 shares during the quarter. NewEdge Advisors LLC owned approximately 1.21% of Capital Group New Geography Equity ETF worth $22,705,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. LPL Financial LLC increased its stake in Capital Group New Geography Equity ETF by 48.1% in the fourth quarter. LPL Financial LLC now owns 4,532,999 shares of the company’s stock valued at $144,739,000 after purchasing an additional 1,472,258 shares in the last quarter. Capital Group Private Client Services Inc. boosted its position in shares of Capital Group New Geography Equity ETF by 9.1% during the 4th quarter. Capital Group Private Client Services Inc. now owns 2,651,446 shares of the company’s stock worth $84,661,000 after purchasing an additional 220,620 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Capital Group New Geography Equity ETF by 13.3% during the 1st quarter. Cetera Investment Advisers now owns 2,400,095 shares of the company’s stock worth $75,771,000 after purchasing an additional 282,054 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Capital Group New Geography Equity ETF by 28.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,736,735 shares of the company’s stock valued at $55,454,000 after buying an additional 381,480 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Capital Group New Geography Equity ETF by 131.4% in the 1st quarter. Bank of America Corp DE now owns 1,302,791 shares of the company’s stock valued at $41,129,000 after buying an additional 739,844 shares during the period.

Capital Group New Geography Equity ETF Price Performance

Shares of Capital Group New Geography Equity ETF stock opened at $36.60 on Friday. The business has a 50-day simple moving average of $36.29 and a 200 day simple moving average of $34.75. Capital Group New Geography Equity ETF has a one year low of $28.94 and a one year high of $38.25. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 19.57 and a beta of 0.84.

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.