Aprio Wealth Management LLC Buys New Holdings in Capital Group New Geography Equity ETF $CGNG

Aprio Wealth Management LLC purchased a new position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 186,234 shares of the company’s stock, valued at approximately $5,946,000. Aprio Wealth Management LLC owned approximately 0.43% of Capital Group New Geography Equity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capital Group Private Client Services Inc. grew its holdings in Capital Group New Geography Equity ETF by 44.4% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 2,430,826 shares of the company’s stock valued at $75,113,000 after buying an additional 747,156 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group New Geography Equity ETF by 119.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,219,043 shares of the company’s stock worth $68,568,000 after purchasing an additional 1,208,748 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group New Geography Equity ETF by 1,392.8% during the 3rd 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 last quarter. Raymond James Financial Inc. boosted its holdings in shares of Capital Group New Geography Equity ETF by 71.6% during the 3rd 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 last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Capital Group New Geography Equity ETF by 139.7% during 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 in the last quarter.

Capital Group New Geography Equity ETF Stock Performance

Shares of CGNG stock opened at $34.77 on Monday. Capital Group New Geography Equity ETF has a 12-month low of $25.23 and a 12-month high of $35.28. The stock’s 50-day moving average price is $33.12 and its 200-day moving average price is $32.57. The stock has a market capitalization of $2.04 billion, a price-to-earnings 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.