Inspirion Wealth Advisors LLC Takes $511,000 Position in Capital Group New Geography Equity ETF $CGNG

Inspirion Wealth Advisors LLC bought a new position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,970 shares of the company’s stock, valued at approximately $511,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sovran Advisors LLC raised its position in Capital Group New Geography Equity ETF by 2.2% during the first quarter. Sovran Advisors LLC now owns 15,189 shares of the company’s stock valued at $529,000 after acquiring an additional 330 shares in the last quarter. Capital Investment Advisory Services LLC boosted its position in Capital Group New Geography Equity ETF by 3.6% in the 4th quarter. Capital Investment Advisory Services LLC now owns 10,142 shares of the company’s stock worth $324,000 after purchasing an additional 352 shares in the last quarter. Mariner LLC grew its stake in shares of Capital Group New Geography Equity ETF by 2.4% during the 3rd quarter. Mariner LLC now owns 15,896 shares of the company’s stock worth $491,000 after purchasing an additional 376 shares during the period. Florida Financial Advisors LLC grew its stake in shares of Capital Group New Geography Equity ETF by 5.8% during the 4th quarter. Florida Financial Advisors LLC now owns 7,951 shares of the company’s stock worth $254,000 after purchasing an additional 438 shares during the period. Finally, Merited Wealth LLC increased its holdings in shares of Capital Group New Geography Equity ETF by 1.5% during the 1st quarter. Merited Wealth LLC now owns 32,260 shares of the company’s stock valued at $1,018,000 after purchasing an additional 484 shares in the last quarter.

Capital Group New Geography Equity ETF Price Performance

NYSEARCA:CGNG opened at $36.63 on Thursday. The company has a 50 day moving average price of $36.31 and a 200-day moving average price of $34.71. Capital Group New Geography Equity ETF has a 1-year low of $28.70 and a 1-year high of $38.25. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 19.57 and a beta of 0.84.

About Capital Group New Geography Equity ETF

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.