TrueWealth Financial Partners Acquires New Holdings in Capital Group New Geography Equity ETF $CGNG

TrueWealth Financial Partners acquired a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 24,341 shares of the company’s stock, valued at approximately $777,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CGNG. Royal Bank of Canada lifted its stake 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 valued at $8,817,000 after purchasing an additional 336,020 shares during the last quarter. Baird Financial Group Inc. lifted its stake 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 during the last quarter. Peapack Gladstone Financial Corp lifted its stake 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 during the last quarter. Raymond James Financial Inc. lifted its stake 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 during the last quarter. Finally, Jane Street Group LLC lifted its stake 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 valued at $7,894,000 after purchasing an additional 255,637 shares during the last quarter.

Capital Group New Geography Equity ETF Price Performance

Shares of NYSEARCA:CGNG opened at $36.17 on Thursday. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 19.57 and a beta of 0.82. The firm has a 50 day simple moving average of $33.33 and a 200 day simple moving average of $32.91. Capital Group New Geography Equity ETF has a one year low of $26.95 and a one year high of $36.55.

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.