Independent Financial Group LLC Takes $1.33 Million Position in Capital Group New Geography Equity ETF $CGNG

Independent Financial Group LLC bought a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 42,206 shares of the company’s stock, valued at approximately $1,332,000. Independent Financial Group LLC owned approximately 0.07% of Capital Group New Geography Equity ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Sovran Advisors LLC lifted its stake in Capital Group New Geography Equity ETF by 2.2% in the first quarter. Sovran Advisors LLC now owns 15,189 shares of the company’s stock valued at $529,000 after buying an additional 330 shares during the period. Capital Investment Advisory Services LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 3.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 10,142 shares of the company’s stock worth $324,000 after buying an additional 352 shares in the last quarter. Mariner LLC grew its position in shares of Capital Group New Geography Equity ETF by 2.4% during the 3rd quarter. Mariner LLC now owns 15,896 shares of the company’s stock worth $491,000 after buying an additional 376 shares during the period. Florida Financial Advisors LLC grew its position in shares of Capital Group New Geography Equity ETF by 5.8% during the 4th quarter. Florida Financial Advisors LLC now owns 7,951 shares of the company’s stock worth $254,000 after buying an additional 438 shares during the period. Finally, Merited Wealth LLC increased its stake in shares of Capital Group New Geography Equity ETF by 1.5% in the 1st quarter. Merited Wealth LLC now owns 32,260 shares of the company’s stock valued at $1,018,000 after acquiring an additional 484 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Up 0.5%

NYSEARCA:CGNG opened at $35.22 on Tuesday. Capital Group New Geography Equity ETF has a twelve month low of $28.20 and a twelve month high of $38.25. The company has a fifty day moving average of $36.34 and a 200-day moving average of $34.48. The firm has a market capitalization of $2.61 billion, a P/E ratio of 19.57 and a beta of 0.81.

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.