Capital Group New Geography Equity ETF $CGNG Shares Bought by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC grew its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 165.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 281,216 shares of the company’s stock after buying an additional 175,162 shares during the quarter. Capital Group New Geography Equity ETF accounts for 1.4% of SilverOak Wealth Management LLC’s holdings, making the stock its 14th largest holding. SilverOak Wealth Management LLC owned approximately 0.64% of Capital Group New Geography Equity ETF worth $8,979,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CGNG. Capital Group Private Client Services Inc. lifted its stake in Capital Group New Geography Equity ETF by 44.4% during 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 acquiring an additional 747,156 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Capital Group New Geography Equity ETF by 119.6% during the third quarter. Envestnet Asset Management Inc. now owns 2,219,043 shares of the company’s stock worth $68,568,000 after purchasing an additional 1,208,748 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Capital Group New Geography Equity ETF by 1,392.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,355,255 shares of the company’s stock worth $41,877,000 after purchasing an additional 1,264,471 shares during the period. Raymond James Financial Inc. lifted its position in shares of Capital Group New Geography Equity ETF by 71.6% during the third quarter. Raymond James Financial Inc. now owns 1,273,786 shares of the company’s stock worth $39,360,000 after purchasing an additional 531,580 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Capital Group New Geography Equity ETF by 139.7% during the third quarter. Commonwealth Equity Services LLC now owns 784,620 shares of the company’s stock worth $24,245,000 after purchasing an additional 457,323 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

NYSEARCA CGNG opened at $34.22 on Wednesday. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 19.57 and a beta of 0.76. The firm has a 50 day simple moving average of $33.11 and a 200-day simple moving average of $32.50. Capital Group New Geography Equity ETF has a one year low of $24.52 and a one year high of $35.28.

Capital Group New Geography Equity ETF Company 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.