Kestra Advisory Services LLC Buys 49,355 Shares of Capital Group New Geography Equity ETF $CGNG

Kestra Advisory Services LLC boosted its stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 39.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 173,272 shares of the company’s stock after purchasing an additional 49,355 shares during the period. Kestra Advisory Services LLC’s holdings in Capital Group New Geography Equity ETF were worth $6,316,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CGNG. Provenance Wealth Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the 3rd quarter valued at approximately $32,000. James T. Borello RIA purchased a new position in shares of Capital Group New Geography Equity ETF in the 3rd quarter worth approximately $36,000. IFP Advisors Inc boosted its holdings in shares of Capital Group New Geography Equity ETF by 102.1% in the 2nd quarter. IFP Advisors Inc now owns 1,512 shares of the company’s stock worth $57,000 after purchasing an additional 764 shares during the period. Victory Financial Group LLC purchased a new position in shares of Capital Group New Geography Equity ETF in the 3rd quarter worth approximately $212,000. Finally, Landaas & Co. WI ADV boosted its holdings in shares of Capital Group New Geography Equity ETF by 10.4% in the 3rd quarter. Landaas & Co. WI ADV now owns 5,964 shares of the company’s stock worth $217,000 after purchasing an additional 564 shares during the period.

Capital Group New Geography Equity ETF Stock Performance

NYSEARCA CGNG opened at $33.90 on Thursday. The company has a market cap of $3.06 billion, a P/E ratio of 19.57 and a beta of 0.90. The business’s 50 day moving average price is $35.56 and its 200-day moving average price is $35.14. Capital Group New Geography Equity ETF has a fifty-two week low of $30.13 and a fifty-two week high of $38.25.

Capital Group New Geography Equity ETF Company 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.