A&I Financial Services LLC Grows Holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG)

A&I Financial Services LLC increased its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 76.0% in the 1st quarter, HoldingsChannel reports. The fund owned 35,041 shares of the company’s stock after buying an additional 15,127 shares during the quarter. Capital Group New Geography Equity ETF makes up about 0.6% of A&I Financial Services LLC’s holdings, making the stock its 24th largest holding. A&I Financial Services LLC’s holdings in Capital Group New Geography Equity ETF were worth $882,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its position in shares of Capital Group New Geography Equity ETF by 43.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 81,137 shares of the company’s stock valued at $2,041,000 after buying an additional 24,514 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Capital Group New Geography Equity ETF by 8.1% during the first quarter. Janney Montgomery Scott LLC now owns 59,813 shares of the company’s stock valued at $1,505,000 after buying an additional 4,489 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the fourth quarter valued at approximately $38,000. Comerica Bank bought a new stake in shares of Capital Group New Geography Equity ETF during the fourth quarter valued at approximately $82,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the first quarter valued at approximately $550,000.

Capital Group New Geography Equity ETF Price Performance

Capital Group New Geography Equity ETF stock opened at $28.69 on Friday. The stock has a market cap of $577.36 million and a P/E ratio of 19.57. Capital Group New Geography Equity ETF has a 1 year low of $22.22 and a 1 year high of $28.97. The firm’s 50 day moving average price is $27.73 and its 200-day moving average price is $26.07.

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.