Heritage Wealth Management Inc. Buys Shares of 19,642 Capital Group New Geography Equity ETF $CGNG

Heritage Wealth Management Inc. bought a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 19,642 shares of the company’s stock, valued at approximately $627,000.

Other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at $30,000. Bfsg LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at $32,000. Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 4th quarter valued at $34,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at $105,000.

Capital Group New Geography Equity ETF Stock Performance

NYSEARCA:CGNG opened at $34.47 on Friday. Capital Group New Geography Equity ETF has a 52-week low of $24.08 and a 52-week high of $35.12. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 19.57 and a beta of 0.76. The business’s fifty day moving average is $33.09 and its 200 day moving average is $32.41.

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.