Capital Group New Geography Equity ETF $CGNG Holdings Increased by Quadcap Wealth Management LLC

Quadcap Wealth Management LLC grew its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 7.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 214,907 shares of the company’s stock after buying an additional 14,890 shares during the quarter. Capital Group New Geography Equity ETF comprises 0.8% of Quadcap Wealth Management LLC’s holdings, making the stock its 29th biggest position. Quadcap Wealth Management LLC owned about 0.49% of Capital Group New Geography Equity ETF worth $6,862,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors 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 worth about $28,000. Geneos Wealth Management Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth about $30,000. Bfsg LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth about $32,000. Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the 4th quarter worth approximately $34,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the 3rd quarter worth approximately $105,000.

Capital Group New Geography Equity ETF Price Performance

NYSEARCA CGNG opened at $34.77 on Monday. The company’s 50 day simple moving average is $33.12 and its 200 day simple moving average is $32.57. Capital Group New Geography Equity ETF has a 12 month low of $25.23 and a 12 month high of $35.28. The company has a market capitalization of $2.04 billion, a P/E ratio of 19.57 and a beta of 0.76.

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.