Hopwood Nicholas Hunter Buys Shares of 31,320 Capital Group New Geography Equity ETF $CGNG

Hopwood Nicholas Hunter purchased a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 31,320 shares of the company’s stock, valued at approximately $1,173,000.

Several other hedge funds have also recently modified their holdings of the business. Royal Bank of Canada boosted its stake in shares of Capital Group New Geography Equity ETF by 2,330.7% during the first quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock valued at $8,817,000 after purchasing an additional 336,020 shares in the last quarter. Baird Financial Group Inc. raised its stake in Capital Group New Geography Equity ETF by 154.6% in the second quarter. Baird Financial Group Inc. now owns 110,708 shares of the company’s stock worth $3,189,000 after buying an additional 67,218 shares in the last quarter. Peapack Gladstone Financial Corp lifted its holdings in Capital Group New Geography Equity ETF by 10.9% during the second quarter. Peapack Gladstone Financial Corp now owns 13,220 shares of the company’s stock worth $381,000 after buying an additional 1,300 shares during the period. Raymond James Financial Inc. lifted its holdings in Capital Group New Geography Equity ETF by 131.3% during the second quarter. Raymond James Financial Inc. now owns 742,206 shares of the company’s stock worth $21,383,000 after buying an additional 421,319 shares during the period. Finally, Jane Street Group LLC boosted its position in Capital Group New Geography Equity ETF by 1,393.3% during the 2nd quarter. Jane Street Group LLC now owns 273,985 shares of the company’s stock valued at $7,894,000 after acquiring an additional 255,637 shares in the last quarter.

Capital Group New Geography Equity ETF Trading Up 1.1%

Shares of NYSEARCA:CGNG opened at $37.27 on Friday. Capital Group New Geography Equity ETF has a 12-month low of $29.52 and a 12-month high of $38.25. The business’s fifty day simple moving average is $36.31 and its 200-day simple moving average is $35.15. The company has a market capitalization of $2.84 billion, a PE ratio of 19.57 and a beta of 0.84.

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.