Capital Group New Geography Equity ETF $CGNG Shares Purchased by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC raised its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 39.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 108,734 shares of the company’s stock after acquiring an additional 30,590 shares during the quarter. Stonebridge Financial Group LLC’s holdings in Capital Group New Geography Equity ETF were worth $4,073,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Capital Group New Geography Equity ETF by 2,330.7% in the 1st quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock valued at $8,817,000 after acquiring an additional 336,020 shares during the period. Baird Financial Group Inc. increased its holdings in Capital Group New Geography Equity ETF by 154.6% in the 2nd quarter. Baird Financial Group Inc. now owns 110,708 shares of the company’s stock valued at $3,189,000 after purchasing an additional 67,218 shares in the last quarter. Peapack Gladstone Financial Corp increased its holdings in Capital Group New Geography Equity ETF by 10.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 13,220 shares of the company’s stock valued at $381,000 after purchasing an additional 1,300 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Capital Group New Geography Equity ETF by 131.3% in the 2nd quarter. Raymond James Financial Inc. now owns 742,206 shares of the company’s stock valued at $21,383,000 after purchasing an additional 421,319 shares in the last quarter. Finally, Jane Street Group LLC raised its position in Capital Group New Geography Equity ETF by 1,393.3% in the second quarter. Jane Street Group LLC now owns 273,985 shares of the company’s stock valued at $7,894,000 after purchasing an additional 255,637 shares during the period.

Capital Group New Geography Equity ETF Price Performance

Shares of CGNG opened at $35.98 on Tuesday. The stock’s 50-day moving average is $36.31 and its two-hundred day moving average is $34.67. The stock has a market cap of $2.72 billion, a PE ratio of 19.57 and a beta of 0.81. Capital Group New Geography Equity ETF has a 12 month low of $28.61 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.