Peapack Gladstone Financial Corp Acquires Shares of 11,870 Capital Group New Geography Equity ETF (NYSEARCA:CGNG)

Peapack Gladstone Financial Corp purchased a new position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,870 shares of the company’s stock, valued at approximately $294,000.

Several other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its position in Capital Group New Geography Equity ETF by 599.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 56,223 shares of the company’s stock valued at $1,393,000 after acquiring an additional 48,186 shares during the last quarter. Perennial Investment Advisors LLC bought a new position in shares of Capital Group New Geography Equity ETF during the 4th quarter worth about $816,000. LPL Financial LLC bought a new position in shares of Capital Group New Geography Equity ETF during the 4th quarter worth about $949,000. Virtu Financial LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 41.9% in the 4th quarter. Virtu Financial LLC now owns 13,492 shares of the company’s stock worth $334,000 after acquiring an additional 3,986 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Capital Group New Geography Equity ETF by 190.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 38,888 shares of the company’s stock worth $963,000 after acquiring an additional 25,490 shares during the last quarter.

Capital Group New Geography Equity ETF Price Performance

CGNG opened at $24.17 on Thursday. Capital Group New Geography Equity ETF has a fifty-two week low of $22.22 and a fifty-two week high of $26.87. The firm has a market capitalization of $231.07 million and a PE ratio of 18.38. The company’s 50-day moving average is $25.34 and its 200 day moving average is $25.50.

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.