Assetmark Inc. Acquires Shares of 15,893 Capital Group New Geography Equity ETF $CGNG

Assetmark Inc. bought a new stake in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 15,893 shares of the company’s stock, valued at approximately $458,000. Assetmark Inc. owned about 0.07% of Capital Group New Geography Equity ETF as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Truist Financial Corp lifted its stake in shares of Capital Group New Geography Equity ETF by 5.3% during the 2nd quarter. Truist Financial Corp now owns 13,385 shares of the company’s stock valued at $386,000 after buying an additional 668 shares in the last quarter. Acorn Wealth Advisors LLC raised its holdings in Capital Group New Geography Equity ETF by 21.3% during the 1st quarter. Acorn Wealth Advisors LLC now owns 15,188 shares of the company’s stock valued at $382,000 after acquiring an additional 2,666 shares during the period. Private Trust Co. NA purchased a new stake in shares of Capital Group New Geography Equity ETF during the second quarter worth $80,000. EQ Wealth Advisors LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 19.0% in the second quarter. EQ Wealth Advisors LLC now owns 24,691 shares of the company’s stock worth $711,000 after acquiring an additional 3,942 shares during the period. Finally, ORG Partners LLC boosted its holdings in shares of Capital Group New Geography Equity ETF by 1,232.3% in the second quarter. ORG Partners LLC now owns 4,956 shares of the company’s stock worth $142,000 after acquiring an additional 4,584 shares during the period.

Capital Group New Geography Equity ETF Price Performance

Shares of CGNG opened at $31.44 on Friday. Capital Group New Geography Equity ETF has a 1-year low of $22.22 and a 1-year high of $32.34. The firm’s 50 day simple moving average is $30.95 and its 200 day simple moving average is $29.04. The company has a market capitalization of $1.03 billion, a P/E ratio of 19.57 and a beta of 0.55.

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.