32,921 Shares in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) Bought by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC bought a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 32,921 shares of the company’s stock, valued at approximately $816,000.

A number of other hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in shares of Capital Group New Geography Equity ETF in the third quarter valued at approximately $4,914,000. Souders Financial Advisors acquired a new position in Capital Group New Geography Equity ETF in the 4th quarter valued at approximately $3,954,000. Confluence Wealth Services Inc. raised its stake in shares of Capital Group New Geography Equity ETF by 37.7% during the fourth quarter. Confluence Wealth Services Inc. now owns 331,258 shares of the company’s stock valued at $8,490,000 after acquiring an additional 90,692 shares during the last quarter. Nations Financial Group Inc. IA ADV bought a new position in shares of Capital Group New Geography Equity ETF during the fourth quarter valued at $1,685,000. Finally, Bleakley Financial Group LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the fourth quarter worth $1,525,000.

Capital Group New Geography Equity ETF Stock Down 6.0 %

NYSEARCA CGNG opened at $23.21 on Friday. The company has a market capitalization of $190.32 million and a price-to-earnings ratio of 20.65. Capital Group New Geography Equity ETF has a twelve month low of $23.10 and a twelve month high of $26.87. The stock has a fifty day simple moving average of $25.57 and a 200 day simple moving average of $25.59.

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.