Western Wealth Management LLC Purchases 17,667 Shares of Capital Group New Geography Equity ETF $CGNG

Western Wealth Management LLC increased its position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 88.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,738 shares of the company’s stock after purchasing an additional 17,667 shares during the quarter. Western Wealth Management LLC’s holdings in Capital Group New Geography Equity ETF were worth $1,087,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Truist Financial Corp increased its holdings in shares of Capital Group New Geography Equity ETF by 5.3% during the second quarter. Truist Financial Corp now owns 13,385 shares of the company’s stock worth $386,000 after buying an additional 668 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 3.6% in the 2nd quarter. Kingsview Wealth Management LLC now owns 21,689 shares of the company’s stock worth $625,000 after acquiring an additional 758 shares in the last quarter. Sittner & Nelson LLC bought a new stake in Capital Group New Geography Equity ETF during the 2nd quarter worth approximately $37,000. Private Trust Co. NA acquired a new stake in Capital Group New Geography Equity ETF during the 2nd quarter valued at $80,000. Finally, Beta Wealth Group Inc. raised its position in Capital Group New Geography Equity ETF by 1.3% in the 2nd quarter. Beta Wealth Group Inc. now owns 236,878 shares of the company’s stock valued at $6,824,000 after purchasing an additional 3,056 shares during the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Capital Group New Geography Equity ETF stock opened at $31.39 on Tuesday. The business’s fifty day moving average is $31.23 and its two-hundred day moving average is $29.36. The firm has a market cap of $1.03 billion, a P/E ratio of 19.57 and a beta of 0.55. Capital Group New Geography Equity ETF has a 52 week low of $22.22 and a 52 week high of $32.34.

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.