Dynamic Advisor Solutions LLC Takes Position in Capital Group New Geography Equity ETF $CGNG

Dynamic Advisor Solutions LLC acquired a new position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 31,573 shares of the company’s stock, valued at approximately $1,008,000. Dynamic Advisor Solutions LLC owned 0.08% of Capital Group New Geography Equity ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in Capital Group New Geography Equity ETF during the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. purchased a new position in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth $30,000. Bfsg LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at $32,000. Ameritas Advisory Services LLC bought a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at $105,000. Finally, Comerica Bank increased its stake in shares of Capital Group New Geography Equity ETF by 17.8% in the 3rd quarter. Comerica Bank now owns 3,836 shares of the company’s stock worth $119,000 after purchasing an additional 579 shares in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of Capital Group New Geography Equity ETF stock opened at $31.93 on Thursday. Capital Group New Geography Equity ETF has a one year low of $22.22 and a one year high of $35.12. The stock’s fifty day moving average is $33.42 and its 200 day moving average is $32.21. The stock has a market cap of $1.48 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.