Claro Advisors Inc. Has $1.33 Million Stock Position in Capital Group New Geography Equity ETF $CGNG

Claro Advisors Inc. grew its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 57.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 41,685 shares of the company’s stock after purchasing an additional 15,195 shares during the period. Claro Advisors Inc.’s holdings in Capital Group New Geography Equity ETF were worth $1,331,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGNG. Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the fourth quarter worth about $34,000. EverSource Wealth Advisors LLC increased its position in shares of Capital Group New Geography Equity ETF by 4,589.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock worth $72,000 after acquiring an additional 2,203 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the third quarter worth about $105,000. Transamerica Financial Advisors LLC increased its position in shares of Capital Group New Geography Equity ETF by 68.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 3,709 shares of the company’s stock worth $118,000 after acquiring an additional 1,513 shares in the last quarter. Finally, Comerica Bank increased its position in shares of Capital Group New Geography Equity ETF by 17.8% during the third quarter. Comerica Bank now owns 3,836 shares of the company’s stock worth $119,000 after acquiring an additional 579 shares in the last quarter.

Capital Group New Geography Equity ETF Price Performance

NYSEARCA:CGNG opened at $36.91 on Thursday. The firm has a 50-day moving average of $35.46 and a 200-day moving average of $33.72. The company has a market cap of $2.19 billion, a PE ratio of 19.57 and a beta of 0.83. Capital Group New Geography Equity ETF has a one year low of $27.36 and a one year high of $37.68.

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.