Capital Group New Geography Equity ETF $CGNG Shares Purchased by Assetmark Inc.

Assetmark Inc. increased its holdings in shares of Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 44.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 330,667 shares of the company’s stock after purchasing an additional 101,281 shares during the quarter. Assetmark Inc. owned 0.78% of Capital Group New Geography Equity ETF worth $10,558,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of CGNG. Farther Finance Advisors LLC acquired a new stake in Capital Group New Geography Equity ETF in the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. bought a new position in Capital Group New Geography Equity ETF during the third quarter worth $30,000. Bfsg LLC bought a new stake in Capital Group New Geography Equity ETF in the third quarter valued at $32,000. Flagship Harbor Advisors LLC bought a new stake in Capital Group New Geography Equity ETF in the fourth quarter valued at $34,000. Finally, Ameritas Advisory Services LLC bought a new stake in Capital Group New Geography Equity ETF in the third quarter valued at $105,000.

Capital Group New Geography Equity ETF Stock Up 1.7%

Shares of NYSEARCA CGNG opened at $35.05 on Friday. Capital Group New Geography Equity ETF has a fifty-two week low of $24.08 and a fifty-two week high of $35.28. The firm’s 50-day simple moving average is $33.11 and its 200 day simple moving average is $32.44. The stock has a market cap of $2.03 billion, a P/E ratio of 19.57 and a beta of 0.76.

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.