Johnson Bixby & Associates LLC Increases Position in Capital Group New Geography Equity ETF $CGNG

Johnson Bixby & Associates LLC boosted its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 9.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 493,775 shares of the company’s stock after purchasing an additional 42,655 shares during the period. Capital Group New Geography Equity ETF comprises 2.0% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 13th largest position. Johnson Bixby & Associates LLC owned 2.37% of Capital Group New Geography Equity ETF worth $14,226,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of CGNG. Lodestone Wealth Management LLC increased its holdings in Capital Group New Geography Equity ETF by 4.7% during the 1st quarter. Lodestone Wealth Management LLC now owns 10,166 shares of the company’s stock worth $256,000 after purchasing an additional 460 shares during the last quarter. Rothschild Investment LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the first quarter worth $25,000. Acorn Wealth Advisors LLC increased its stake in shares of Capital Group New Geography Equity ETF by 21.3% in the first quarter. Acorn Wealth Advisors LLC now owns 15,188 shares of the company’s stock worth $382,000 after buying an additional 2,666 shares during the last quarter. LongView Wealth Management raised its holdings in Capital Group New Geography Equity ETF by 20.7% in the first quarter. LongView Wealth Management now owns 22,347 shares of the company’s stock valued at $562,000 after acquiring an additional 3,829 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in Capital Group New Geography Equity ETF by 8.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 59,813 shares of the company’s stock valued at $1,505,000 after acquiring an additional 4,489 shares during the last quarter.

Capital Group New Geography Equity ETF Price Performance

Shares of CGNG stock opened at $30.62 on Friday. The firm has a fifty day moving average of $29.62 and a two-hundred day moving average of $27.66. The firm has a market cap of $673.64 million and a P/E ratio of 19.57. Capital Group New Geography Equity ETF has a 1-year low of $22.22 and a 1-year high of $31.14.

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.