Quadcap Wealth Management LLC Buys 16,950 Shares of Capital Group New Geography Equity ETF $CGNG

Quadcap Wealth Management LLC increased its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 6.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 298,020 shares of the company’s stock after purchasing an additional 16,950 shares during the quarter. Capital Group New Geography Equity ETF makes up 1.0% of Quadcap Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Quadcap Wealth Management LLC’s holdings in Capital Group New Geography Equity ETF were worth $10,863,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its holdings in Capital Group New Geography Equity ETF by 14.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,228,149 shares of the company’s stock valued at $44,766,000 after buying an additional 151,240 shares during the last quarter. Bfsg LLC increased its stake in Capital Group New Geography Equity ETF by 15.2% in the third quarter. Bfsg LLC now owns 65,578 shares of the company’s stock valued at $2,390,000 after acquiring an additional 8,643 shares during the period. Provenance Wealth Advisors LLC acquired a new position in shares of Capital Group New Geography Equity ETF in the 3rd quarter worth approximately $32,000. Signature Equity Partners LLC lifted its holdings in shares of Capital Group New Geography Equity ETF by 2,360.0% during the third quarter. Signature Equity Partners LLC now owns 7,257 shares of the company’s stock valued at $265,000 after acquiring an additional 6,962 shares during the period. Finally, Landaas & Co. WI ADV lifted its position in Capital Group New Geography Equity ETF by 10.4% during the 3rd quarter. Landaas & Co. WI ADV now owns 5,964 shares of the company’s stock worth $217,000 after buying an additional 564 shares in the last quarter.

Capital Group New Geography Equity ETF Price Performance

CGNG opened at $31.98 on Friday. The stock has a market capitalization of $2.88 billion, a P/E ratio of 19.57 and a beta of 0.90. The company’s 50 day simple moving average is $35.83 and its 200-day simple moving average is $35.14. Capital Group New Geography Equity ETF has a one year low of $30.13 and a one year high of $38.25.

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.