KWB Wealth Acquires 318,875 Shares of Capital Group New Geography Equity ETF $CGNG

KWB Wealth acquired a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 318,875 shares of the company’s stock, valued at approximately $11,623,000. Capital Group New Geography Equity ETF comprises about 1.0% of KWB Wealth’s investment portfolio, making the stock its 29th largest position. KWB Wealth owned 0.37% of Capital Group New Geography Equity ETF at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Selby Wealth Management LLC increased its position in Capital Group New Geography Equity ETF by 2.5% in the 3rd quarter. Selby Wealth Management LLC now owns 83,476 shares of the company’s stock worth $3,043,000 after purchasing an additional 2,028 shares during the last quarter. Sard Wealth Management Group LLC lifted its holdings in shares of Capital Group New Geography Equity ETF by 42.0% during the 3rd quarter. Sard Wealth Management Group LLC now owns 28,127 shares of the company’s stock valued at $1,025,000 after buying an additional 8,315 shares during the last quarter. James T. Borello RIA acquired a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at about $36,000. Clearview Wealth Management LLC lifted its holdings in shares of Capital Group New Geography Equity ETF by 5.3% during the 3rd quarter. Clearview Wealth Management LLC now owns 26,362 shares of the company’s stock valued at $949,000 after buying an additional 1,331 shares during the last quarter. Finally, Saxony Capital Management LLC grew its stake in shares of Capital Group New Geography Equity ETF by 3.5% in the 3rd quarter. Saxony Capital Management LLC now owns 20,880 shares of the company’s stock valued at $761,000 after buying an additional 702 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of NYSEARCA CGNG traded down $0.54 during trading hours on Friday, hitting $34.54. The stock had a trading volume of 563,055 shares, compared to its average volume of 624,376. The company has a market capitalization of $3.02 billion, a P/E ratio of 19.57 and a beta of 0.84. The firm’s 50-day moving average price is $36.64 and its two-hundred day moving average price is $35.91. Capital Group New Geography Equity ETF has a 52 week low of $30.13 and a 52 week high of $38.25.

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.