BlueChip Wealth Advisors LLC Makes New Investment in Capital Group New Geography Equity ETF $CGNG

BlueChip Wealth Advisors LLC purchased a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the 1st quarter, HoldingsChannel reports. The fund purchased 30,064 shares of the company’s stock, valued at approximately $949,000.

A number of other institutional investors also recently modified their holdings of the business. Bfsg LLC grew its position 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 worth $1,233,000 after acquiring an additional 37,579 shares in the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in Capital Group New Geography Equity ETF during the fourth quarter valued at about $1,008,000. Stonebridge Financial Group LLC lifted its stake in Capital Group New Geography Equity ETF by 73.9% during the fourth quarter. Stonebridge Financial Group LLC now owns 44,452 shares of the company’s stock worth $1,419,000 after purchasing an additional 18,896 shares during the last quarter. NavPoint Financial Inc. lifted its stake in Capital Group New Geography Equity ETF by 46.6% during the fourth quarter. NavPoint Financial Inc. now owns 80,368 shares of the company’s stock worth $2,566,000 after purchasing an additional 25,536 shares during the last quarter. Finally, LongView Wealth Management boosted its holdings in shares of Capital Group New Geography Equity ETF by 61.4% in the 4th quarter. LongView Wealth Management now owns 50,896 shares of the company’s stock worth $1,707,000 after purchasing an additional 19,368 shares in the last quarter.

Capital Group New Geography Equity ETF Trading Up 1.5%

Shares of Capital Group New Geography Equity ETF stock opened at $36.19 on Wednesday. The firm has a market capitalization of $2.63 billion, a PE ratio of 19.57 and a beta of 0.81. The business’s 50-day moving average price is $36.41 and its 200-day moving average price is $34.39. Capital Group New Geography Equity ETF has a 12 month low of $28.20 and a 12 month 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.