Western Wealth Management LLC Grows Stock Holdings in Capital Group New Geography Equity ETF $CGNG

Western Wealth Management LLC lifted its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 146.3% during the first quarter, Holdings Channel reports. The fund owned 104,598 shares of the company’s stock after buying an additional 62,134 shares during the quarter. Western Wealth Management LLC’s holdings in Capital Group New Geography Equity ETF were worth $3,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Bfsg LLC boosted its holdings 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 valued at $1,233,000 after purchasing an additional 37,579 shares during the last quarter. Stonebridge Financial Group LLC grew its position in Capital Group New Geography Equity ETF by 73.9% during the 4th 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 period. NavPoint Financial Inc. raised its stake in shares of Capital Group New Geography Equity ETF by 46.6% during the 4th quarter. NavPoint Financial Inc. now owns 80,368 shares of the company’s stock valued at $2,566,000 after buying an additional 25,536 shares during the last quarter. SilverOak Wealth Management LLC raised its stake in shares of Capital Group New Geography Equity ETF by 165.2% during the 4th quarter. SilverOak Wealth Management LLC now owns 281,216 shares of the company’s stock valued at $8,979,000 after buying an additional 175,162 shares during the last quarter. Finally, Founders Financial Securities LLC raised its stake in shares of Capital Group New Geography Equity ETF by 90.5% during the 1st quarter. Founders Financial Securities LLC now owns 78,881 shares of the company’s stock valued at $2,648,000 after buying an additional 37,478 shares during the last quarter.

Capital Group New Geography Equity ETF Stock Up 0.0%

Shares of CGNG stock opened at $35.67 on Friday. Capital Group New Geography Equity ETF has a 52-week low of $28.20 and a 52-week high of $38.25. The stock has a market cap of $2.69 billion, a PE ratio of 19.57 and a beta of 0.81. The business has a 50-day simple moving average of $36.30 and a 200-day simple moving average of $34.64.

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.