Kestra Advisory Services LLC Purchases 90,712 Shares of Capital Group New Geography Equity ETF $CGNG

Kestra Advisory Services LLC grew its position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 399.1% during the first quarter, Holdings Channel reports. The fund owned 113,442 shares of the company’s stock after purchasing an additional 90,712 shares during the period. Kestra Advisory Services LLC’s holdings in Capital Group New Geography Equity ETF were worth $3,581,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CGNG. Royal Bank of Canada raised its holdings in Capital Group New Geography Equity ETF by 2,330.7% in the first quarter. Royal Bank of Canada now owns 350,437 shares of the company’s stock worth $8,817,000 after purchasing an additional 336,020 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Capital Group New Geography Equity ETF by 154.6% in the second quarter. Baird Financial Group Inc. now owns 110,708 shares of the company’s stock worth $3,189,000 after buying an additional 67,218 shares in the last quarter. Peapack Gladstone Financial Corp lifted its position 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 acquiring an additional 1,300 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Capital Group New Geography Equity ETF by 131.3% during the second quarter. Raymond James Financial Inc. now owns 742,206 shares of the company’s stock valued at $21,383,000 after buying an additional 421,319 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 1,393.3% during the 2nd quarter. Jane Street Group LLC now owns 273,985 shares of the company’s stock valued at $7,894,000 after acquiring an additional 255,637 shares during the last quarter.

Capital Group New Geography Equity ETF Stock Down 1.1%

Shares of Capital Group New Geography Equity ETF stock opened at $35.06 on Friday. Capital Group New Geography Equity ETF has a twelve month low of $28.20 and a twelve month high of $38.25. The company’s 50 day moving average is $36.36 and its 200 day moving average is $34.45. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 19.57 and a beta of 0.81.

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.