Capital Group New Geography Equity ETF $CGNG Shares Purchased by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. lifted its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 9.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 453,794 shares of the company’s stock after purchasing an additional 37,967 shares during the period. Confluence Wealth Services Inc. owned approximately 1.04% of Capital Group New Geography Equity ETF worth $14,490,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group New Geography Equity ETF by 44.4% in the third quarter. Capital Group Private Client Services Inc. now owns 2,430,826 shares of the company’s stock valued at $75,113,000 after purchasing an additional 747,156 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group New Geography Equity ETF by 119.6% in the third quarter. Envestnet Asset Management Inc. now owns 2,219,043 shares of the company’s stock valued at $68,568,000 after purchasing an additional 1,208,748 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group New Geography Equity ETF by 1,392.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,355,255 shares of the company’s stock valued at $41,877,000 after purchasing an additional 1,264,471 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Capital Group New Geography Equity ETF by 71.6% in the third quarter. Raymond James Financial Inc. now owns 1,273,786 shares of the company’s stock valued at $39,360,000 after purchasing an additional 531,580 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Capital Group New Geography Equity ETF by 139.7% in the third quarter. Commonwealth Equity Services LLC now owns 784,620 shares of the company’s stock valued at $24,245,000 after purchasing an additional 457,323 shares during the period.

Capital Group New Geography Equity ETF Trading Up 1.5%

NYSEARCA:CGNG opened at $34.73 on Thursday. The firm has a 50-day moving average price of $33.11 and a two-hundred day moving average price of $32.52. Capital Group New Geography Equity ETF has a twelve month low of $25.00 and a twelve month high of $35.28. The company has a market capitalization of $2.02 billion, a P/E ratio of 19.57 and a beta of 0.76.

About Capital Group New Geography Equity ETF

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.