Cetera Investment Advisers Invests $462,000 in Capital Group New Geography Equity ETF (NYSEARCA:CGNG)

Cetera Investment Advisers acquired a new position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 18,636 shares of the company’s stock, valued at approximately $462,000.

A number of other large investors have also recently made changes to their positions in CGNG. Janney Montgomery Scott LLC lifted its holdings in Capital Group New Geography Equity ETF by 23.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 55,324 shares of the company’s stock worth $1,370,000 after purchasing an additional 10,367 shares in the last quarter. McNamara Financial Services Inc. bought a new stake in shares of Capital Group New Geography Equity ETF during the fourth quarter valued at about $226,000. EQ Wealth Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the fourth quarter valued at about $300,000. Confluence Wealth Services Inc. lifted its holdings in shares of Capital Group New Geography Equity ETF by 37.7% in the fourth quarter. Confluence Wealth Services Inc. now owns 331,258 shares of the company’s stock worth $8,490,000 after buying an additional 90,692 shares in the last quarter. Finally, Bleakley Financial Group LLC bought a new position in shares of Capital Group New Geography Equity ETF in the fourth quarter valued at approximately $1,525,000.

Capital Group New Geography Equity ETF Trading Up 1.1%

Shares of NYSEARCA:CGNG opened at $27.45 on Wednesday. The company has a 50 day moving average of $25.50 and a 200 day moving average of $25.43. The stock has a market cap of $371.12 million and a P/E ratio of 19.88. Capital Group New Geography Equity ETF has a 12 month low of $22.22 and a 12 month high of $27.45.

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.