Capital Group New Geography Equity ETF $CGNG Stake Lifted by Heritage Wealth Management Inc.

Heritage Wealth Management Inc. increased its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 68.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,789 shares of the company’s stock after acquiring an additional 17,408 shares during the quarter. Heritage Wealth Management Inc.’s holdings in Capital Group New Geography Equity ETF were worth $1,560,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Founders Financial Securities LLC boosted its position in shares of Capital Group New Geography Equity ETF by 25.3% in the 3rd quarter. Founders Financial Securities LLC now owns 109,601 shares of the company’s stock valued at $3,995,000 after purchasing an additional 22,148 shares during the period. Blueprint Investment Partners LLC increased its position in Capital Group New Geography Equity ETF by 2.3% during the third quarter. Blueprint Investment Partners LLC now owns 26,958 shares of the company’s stock worth $983,000 after buying an additional 596 shares during the period. ERn Financial LLC increased its position in Capital Group New Geography Equity ETF by 6.7% during the third quarter. ERn Financial LLC now owns 26,396 shares of the company’s stock worth $962,000 after buying an additional 1,655 shares during the period. Blueprint Financial Advisors LLC lifted its stake in Capital Group New Geography Equity ETF by 2.3% in the third quarter. Blueprint Financial Advisors LLC now owns 26,958 shares of the company’s stock valued at $983,000 after buying an additional 596 shares during the last quarter. Finally, Armor Investment Advisors LLC lifted its stake in Capital Group New Geography Equity ETF by 3.4% in the third quarter. Armor Investment Advisors LLC now owns 232,414 shares of the company’s stock valued at $8,471,000 after buying an additional 7,645 shares during the last quarter.

Capital Group New Geography Equity ETF Trading Down 2.9%

CGNG stock opened at $33.16 on Friday. The company has a market capitalization of $2.94 billion, a P/E ratio of 19.57 and a beta of 0.84. Capital Group New Geography Equity ETF has a twelve month low of $30.13 and a twelve month high of $38.25. The business has a 50 day simple moving average of $36.14 and a 200-day simple moving average of $35.15.

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.