Park Avenue Securities LLC Buys 21,264 Shares of Capital Group New Geography Equity ETF $CGNG

Park Avenue Securities LLC increased its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 60.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 56,328 shares of the company’s stock after purchasing an additional 21,264 shares during the quarter. Park Avenue Securities LLC owned approximately 0.06% of Capital Group New Geography Equity ETF worth $2,053,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CGNG. Baird Financial Group Inc. raised its stake in shares of Capital Group New Geography Equity ETF by 30.7% in the second quarter. Baird Financial Group Inc. now owns 508,549 shares of the company’s stock worth $19,050,000 after buying an additional 119,487 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Capital Group New Geography Equity ETF in the 2nd quarter worth approximately $827,000. HB Wealth Management LLC bought a new stake in Capital Group New Geography Equity ETF during the 2nd quarter worth approximately $1,055,000. Stonebridge Financial Group LLC raised its stake in Capital Group New Geography Equity ETF by 39.1% during the 2nd quarter. Stonebridge Financial Group LLC now owns 108,734 shares of the company’s stock worth $4,073,000 after acquiring an additional 30,590 shares during the period. Finally, SilverOak Wealth Management LLC lifted its holdings in Capital Group New Geography Equity ETF by 5.8% during the first quarter. SilverOak Wealth Management LLC now owns 297,548 shares of the company’s stock valued at $9,394,000 after purchasing an additional 16,332 shares in the last quarter.

Capital Group New Geography Equity ETF Price Performance

CGNG opened at $33.16 on Friday. The company has a 50 day simple moving average of $36.14 and a two-hundred day simple moving average of $35.15. The firm has a market cap of $2.94 billion, a P/E ratio of 19.57 and a beta of 0.84. Capital Group New Geography Equity ETF has a 1-year low of $30.13 and a 1-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.