Confluence Wealth Services Inc. Has $11.41 Million Holdings in Capital Group New Geography Equity ETF $CGNG

Confluence Wealth Services Inc. grew its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 10.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 396,010 shares of the company’s stock after purchasing an additional 38,713 shares during the quarter. Capital Group New Geography Equity ETF accounts for approximately 0.6% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 27th biggest holding. Confluence Wealth Services Inc.’s holdings in Capital Group New Geography Equity ETF were worth $11,409,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. ORG Partners LLC increased its stake in shares of Capital Group New Geography Equity ETF by 1,232.3% in the 2nd quarter. ORG Partners LLC now owns 4,956 shares of the company’s stock valued at $142,000 after acquiring an additional 4,584 shares in the last quarter. John W. Brooker & Co. CPAs acquired a new stake in Capital Group New Geography Equity ETF in the first quarter worth $216,000. Lodestone Wealth Management LLC increased its stake in Capital Group New Geography Equity ETF by 4.7% in the first quarter. Lodestone Wealth Management LLC now owns 10,166 shares of the company’s stock valued at $256,000 after purchasing an additional 460 shares in the last quarter. Intrinsic Value Partners LLC acquired a new position in shares of Capital Group New Geography Equity ETF during the second quarter valued at about $262,000. Finally, Glaxis Capital Management LLC acquired a new position in shares of Capital Group New Geography Equity ETF during the first quarter valued at about $274,000.

Capital Group New Geography Equity ETF Price Performance

Shares of CGNG opened at $31.26 on Monday. Capital Group New Geography Equity ETF has a one year low of $22.22 and a one year high of $31.36. The company has a market cap of $912.79 million and a PE ratio of 19.57. The stock has a 50-day moving average of $29.82 and a 200-day moving average of $27.86.

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.