Gateway Wealth Partners LLC Acquires 64,795 Shares of Capital Group New Geography Equity ETF $CGNG

Gateway Wealth Partners LLC boosted its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 415.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,408 shares of the company’s stock after purchasing an additional 64,795 shares during the period. Gateway Wealth Partners LLC owned about 0.14% of Capital Group New Geography Equity ETF worth $2,539,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGNG. Flagship Harbor Advisors LLC acquired a new stake in shares of Capital Group New Geography Equity ETF in the fourth quarter valued at about $34,000. EverSource Wealth Advisors LLC boosted its holdings in Capital Group New Geography Equity ETF by 4,589.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock valued at $72,000 after acquiring an additional 2,203 shares during the last quarter. Transamerica Financial Advisors LLC increased its position in Capital Group New Geography Equity ETF by 68.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 3,709 shares of the company’s stock valued at $118,000 after purchasing an additional 1,513 shares during the period. Comerica Bank raised its holdings in Capital Group New Geography Equity ETF by 17.8% during the 3rd quarter. Comerica Bank now owns 3,836 shares of the company’s stock worth $119,000 after purchasing an additional 579 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in shares of Capital Group New Geography Equity ETF in the 4th quarter worth approximately $125,000.

Capital Group New Geography Equity ETF Stock Up 0.3%

CGNG opened at $35.25 on Tuesday. The stock has a market cap of $2.64 billion, a PE ratio of 19.57 and a beta of 0.81. Capital Group New Geography Equity ETF has a twelve month low of $28.20 and a twelve month high of $38.25. The company has a fifty day moving average of $36.32 and a 200-day moving average of $34.59.

Capital Group New Geography Equity ETF 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.