Capital Group New Geography Equity ETF $CGNG Stock Sold by National Wealth Management Group LLC

National Wealth Management Group LLC reduced its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 30.6% during the 3rd quarter, Holdings Channel reports. The fund owned 83,567 shares of the company’s stock after selling 36,808 shares during the period. National Wealth Management Group LLC’s holdings in Capital Group New Geography Equity ETF were worth $3,046,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Cetera Investment Advisers boosted its stake in shares of Capital Group New Geography Equity ETF by 13.3% during the first quarter. Cetera Investment Advisers now owns 2,400,095 shares of the company’s stock valued at $75,771,000 after acquiring an additional 282,054 shares during the last quarter. Bank of America Corp DE raised its stake in Capital Group New Geography Equity ETF by 131.4% in the 1st quarter. Bank of America Corp DE now owns 1,302,791 shares of the company’s stock valued at $41,129,000 after purchasing an additional 739,844 shares during the last quarter. NewEdge Advisors LLC raised its stake in Capital Group New Geography Equity ETF by 10.6% in the 2nd quarter. NewEdge Advisors LLC now owns 795,666 shares of the company’s stock valued at $29,806,000 after purchasing an additional 76,473 shares during the last quarter. Garrett Wealth Advisory Group LLC raised its stake in Capital Group New Geography Equity ETF by 0.6% in the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 631,764 shares of the company’s stock valued at $23,028,000 after purchasing an additional 3,560 shares during the last quarter. Finally, Capital Analysts LLC lifted its holdings in Capital Group New Geography Equity ETF by 17.6% in the 2nd quarter. Capital Analysts LLC now owns 519,389 shares of the company’s stock valued at $19,456,000 after purchasing an additional 77,730 shares in the last quarter.

Capital Group New Geography Equity ETF Trading Down 0.7%

NYSEARCA:CGNG opened at $33.61 on Tuesday. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 19.57 and a beta of 0.84. The company’s 50-day moving average is $36.41 and its two-hundred day moving average is $35.13. Capital Group New Geography Equity ETF has a 12-month low of $30.13 and a 12-month high of $38.25.

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.