LPL Financial LLC Buys 72,911 Shares of Capital Group New Geography Equity ETF $CGNG

LPL Financial LLC raised its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 190.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 111,229 shares of the company’s stock after acquiring an additional 72,911 shares during the quarter. LPL Financial LLC owned about 1.02% of Capital Group New Geography Equity ETF worth $2,799,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lodestone Wealth Management LLC boosted its position in shares of Capital Group New Geography Equity ETF by 4.7% during the first quarter. Lodestone Wealth Management LLC now owns 10,166 shares of the company’s stock worth $256,000 after purchasing an additional 460 shares in the last quarter. Rothschild Investment LLC bought a new position in shares of Capital Group New Geography Equity ETF during the first quarter worth $25,000. Capital Analysts LLC bought a new position in shares of Capital Group New Geography Equity ETF during the fourth quarter worth $38,000. Acorn Wealth Advisors LLC boosted its position in shares of Capital Group New Geography Equity ETF by 21.3% during the first quarter. Acorn Wealth Advisors LLC now owns 15,188 shares of the company’s stock worth $382,000 after purchasing an additional 2,666 shares in the last quarter. Finally, Comerica Bank bought a new position in shares of Capital Group New Geography Equity ETF during the fourth quarter worth $82,000.

Capital Group New Geography Equity ETF Stock Up 0.4%

Shares of NYSEARCA CGNG opened at $29.50 on Monday. The company’s fifty day moving average is $28.65 and its 200-day moving average is $26.76. The stock has a market cap of $649 million and a price-to-earnings ratio of 19.57. Capital Group New Geography Equity ETF has a twelve month low of $22.22 and a twelve month high of $29.65.

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.