Stonebridge Financial Group LLC Increases Stake in Capital Group New Geography Equity ETF $CGNG

Stonebridge Financial Group LLC increased its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 39.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 108,734 shares of the company’s stock after acquiring an additional 30,590 shares during the period. Stonebridge Financial Group LLC owned approximately 0.15% of Capital Group New Geography Equity ETF worth $4,073,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in Capital Group New Geography Equity ETF during the fourth quarter worth approximately $34,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 4,589.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,251 shares of the company’s stock valued at $72,000 after purchasing an additional 2,203 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 68.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 3,709 shares of the company’s stock valued at $118,000 after purchasing an additional 1,513 shares during the last quarter. Comerica Bank boosted its holdings in shares of Capital Group New Geography Equity ETF by 17.8% in the 3rd quarter. Comerica Bank now owns 3,836 shares of the company’s stock valued at $119,000 after purchasing an additional 579 shares during the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new stake in shares of Capital Group New Geography Equity ETF during the 4th quarter valued at $125,000.

Capital Group New Geography Equity ETF Stock Up 0.9%

CGNG stock opened at $35.98 on Tuesday. The company has a market cap of $2.72 billion, a price-to-earnings ratio of 19.57 and a beta of 0.81. The business has a fifty day simple moving average of $36.31 and a 200-day simple moving average of $34.67. Capital Group New Geography Equity ETF has a 52 week low of $28.61 and a 52 week 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.