Capital Group New Geography Equity ETF $CGNG Shares Bought by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. raised its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 16.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 171,111 shares of the company’s stock after buying an additional 24,538 shares during the quarter. Capital Group New Geography Equity ETF comprises about 1.1% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 19th biggest holding. J. Derek Lewis & Associates Inc. owned about 0.19% of Capital Group New Geography Equity ETF worth $6,237,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Provenance Wealth Advisors LLC purchased a new stake in shares of Capital Group New Geography Equity ETF in the third quarter worth $32,000. James T. Borello RIA bought a new position in shares of Capital Group New Geography Equity ETF during the third quarter valued at $36,000. IFP Advisors Inc raised its position in shares of Capital Group New Geography Equity ETF by 102.1% in the 2nd quarter. IFP Advisors Inc now owns 1,512 shares of the company’s stock worth $57,000 after purchasing an additional 764 shares during the last quarter. Victory Financial Group LLC purchased a new position in shares of Capital Group New Geography Equity ETF in the 3rd quarter worth about $212,000. Finally, Landaas & Co. WI ADV raised its position in shares of Capital Group New Geography Equity ETF by 10.4% in the 3rd quarter. Landaas & Co. WI ADV now owns 5,964 shares of the company’s stock worth $217,000 after purchasing an additional 564 shares during the last quarter.

Capital Group New Geography Equity ETF Price Performance

Shares of Capital Group New Geography Equity ETF stock opened at $32.55 on Friday. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 19.57 and a beta of 0.90. The firm’s 50-day moving average is $35.74 and its 200 day moving average is $35.14. Capital Group New Geography Equity ETF has a 1 year low of $30.13 and a 1 year high of $38.25.

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.