Eagle Bay Advisors LLC Acquires New Stake in Capital Group New Geography Equity ETF $CGNG

Eagle Bay Advisors LLC bought a new position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 151,651 shares of the company’s stock, valued at approximately $4,788,000. Capital Group New Geography Equity ETF makes up 4.2% of Eagle Bay Advisors LLC’s holdings, making the stock its 4th biggest position.

A number of other institutional investors have also added to or reduced their stakes in CGNG. Bfsg LLC raised its stake in Capital Group New Geography Equity ETF by 3,606.4% in the fourth quarter. Bfsg LLC now owns 38,621 shares of the company’s stock valued at $1,233,000 after purchasing an additional 37,579 shares in the last quarter. Dynamic Advisor Solutions LLC purchased a new position in Capital Group New Geography Equity ETF in the 4th quarter worth approximately $1,008,000. Stonebridge Financial Group LLC grew its stake in Capital Group New Geography Equity ETF by 73.9% in the 4th quarter. Stonebridge Financial Group LLC now owns 44,452 shares of the company’s stock worth $1,419,000 after buying an additional 18,896 shares in the last quarter. Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group New Geography Equity ETF by 44.4% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 2,430,826 shares of the company’s stock worth $75,113,000 after buying an additional 747,156 shares during the last quarter. Finally, NavPoint Financial Inc. increased its holdings in shares of Capital Group New Geography Equity ETF by 46.6% in the 4th quarter. NavPoint Financial Inc. now owns 80,368 shares of the company’s stock worth $2,566,000 after buying an additional 25,536 shares during the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Capital Group New Geography Equity ETF stock opened at $36.15 on Friday. Capital Group New Geography Equity ETF has a fifty-two week low of $28.20 and a fifty-two week high of $38.25. The stock has a market cap of $2.59 billion, a P/E ratio of 19.57 and a beta of 0.81. The firm’s fifty day moving average price is $36.12 and its 200-day moving average price is $34.13.

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.