155,178 Shares in Capital Group New Geography Equity ETF $CGNG Acquired by Stephens Inc. AR

Stephens Inc. AR purchased a new position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 155,178 shares of the company’s stock, valued at approximately $4,471,000. Stephens Inc. AR owned 0.73% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Stratos Wealth Partners LTD. bought a new stake in shares of Capital Group New Geography Equity ETF in the 2nd quarter worth approximately $327,000. Private Trust Co. NA bought a new stake in Capital Group New Geography Equity ETF during the 2nd quarter valued at $80,000. EQ Wealth Advisors LLC raised its holdings in Capital Group New Geography Equity ETF by 19.0% during the 2nd quarter. EQ Wealth Advisors LLC now owns 24,691 shares of the company’s stock valued at $711,000 after acquiring an additional 3,942 shares during the period. Harbour Investments Inc. raised its holdings in Capital Group New Geography Equity ETF by 21.5% during the 2nd quarter. Harbour Investments Inc. now owns 42,877 shares of the company’s stock valued at $1,235,000 after acquiring an additional 7,599 shares during the period. Finally, Sagespring Wealth Partners LLC bought a new stake in Capital Group New Geography Equity ETF during the 2nd quarter valued at $336,000.

Capital Group New Geography Equity ETF Price Performance

Shares of CGNG stock opened at $31.27 on Wednesday. The company’s fifty day simple moving average is $30.36 and its two-hundred day simple moving average is $28.33. Capital Group New Geography Equity ETF has a 1 year low of $22.22 and a 1 year high of $31.64. The stock has a market capitalization of $956.86 million and a price-to-earnings ratio of 19.57.

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.