Harbour Investments Inc. Raises Position in Capital Group New Geography Equity ETF $CGNG

Harbour Investments Inc. increased its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 35.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 70,637 shares of the company’s stock after acquiring an additional 18,382 shares during the quarter. Harbour Investments Inc.’s holdings in Capital Group New Geography Equity ETF were worth $2,255,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in CGNG. Royal Bank of Canada raised its position in 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 worth $8,817,000 after purchasing an additional 336,020 shares during the period. Baird Financial Group Inc. raised its position 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 worth $3,189,000 after purchasing an additional 67,218 shares during the period. Peapack Gladstone Financial Corp raised its position 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 worth $381,000 after purchasing an additional 1,300 shares during the period. Raymond James Financial Inc. raised its position 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 worth $21,383,000 after purchasing an additional 421,319 shares during the period. Finally, Jane Street Group LLC raised its position in Capital Group New Geography Equity ETF by 1,393.3% in the 2nd quarter. Jane Street Group LLC now owns 273,985 shares of the company’s stock worth $7,894,000 after purchasing an additional 255,637 shares during the period.

Capital Group New Geography Equity ETF Trading Up 0.4%

CGNG stock opened at $36.70 on Thursday. The firm’s 50-day moving average price is $33.96 and its two-hundred day moving average price is $33.19. Capital Group New Geography Equity ETF has a 12-month low of $27.03 and a 12-month high of $36.88. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 19.57 and a beta of 0.82.

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.