Towle & Co. Takes $459,000 Position in Capital Group New Geography Equity ETF $CGNG

Towle & Co. bought a new position in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,544 shares of the company’s stock, valued at approximately $459,000.

Several other institutional investors have also recently added to or reduced their stakes in CGNG. Bfsg LLC grew its stake in shares of Capital Group New Geography Equity ETF by 3,606.4% during the 4th quarter. Bfsg LLC now owns 38,621 shares of the company’s stock worth $1,233,000 after purchasing an additional 37,579 shares during the period. Dynamic Advisor Solutions LLC purchased a new position in shares of Capital Group New Geography Equity ETF during the 4th quarter valued at approximately $1,008,000. Stonebridge Financial Group LLC lifted its stake in shares of Capital Group New Geography Equity ETF by 73.9% in the 4th quarter. Stonebridge Financial Group LLC now owns 44,452 shares of the company’s stock valued at $1,419,000 after purchasing an additional 18,896 shares during the period. LongView Wealth Management lifted its stake in shares of Capital Group New Geography Equity ETF by 61.4% in the 4th quarter. LongView Wealth Management now owns 50,896 shares of the company’s stock valued at $1,707,000 after purchasing an additional 19,368 shares during the period. Finally, NavPoint Financial Inc. boosted its holdings in Capital Group New Geography Equity ETF by 46.6% during the fourth quarter. NavPoint Financial Inc. now owns 80,368 shares of the company’s stock worth $2,566,000 after buying an additional 25,536 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of NYSEARCA CGNG opened at $35.59 on Friday. The company has a market capitalization of $2.65 billion, a PE ratio of 19.57 and a beta of 0.81. The company’s fifty day moving average price is $36.32 and its 200 day moving average price is $34.56. Capital Group New Geography Equity ETF has a 1 year low of $28.20 and a 1 year high of $38.25.

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.