Cetera Investment Advisers Invests $462,000 in Capital Group New Geography Equity ETF (NYSEARCA:CGNG)

Cetera Investment Advisers acquired a new stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 18,636 shares of the company’s stock, valued at approximately $462,000.

A number of other institutional investors also recently bought and sold shares of the stock. Lodestone Wealth Management LLC increased its stake in Capital Group New Geography Equity ETF by 4.8% during the 4th quarter. Lodestone Wealth Management LLC now owns 9,706 shares of the company’s stock valued at $240,000 after purchasing an additional 445 shares in the last quarter. Kingsview Wealth Management LLC increased its stake in shares of Capital Group New Geography Equity ETF by 4.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 16,278 shares of the company’s stock worth $403,000 after acquiring an additional 710 shares during the period. Transcendent Capital Group LLC acquired a new position in shares of Capital Group New Geography Equity ETF in the 4th quarter valued at about $36,000. Capital Analysts LLC acquired a new position in Capital Group New Geography Equity ETF in the fourth quarter valued at approximately $38,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Capital Group New Geography Equity ETF in the 4th quarter valued at $38,000.

Capital Group New Geography Equity ETF Stock Up 1.1%

CGNG stock opened at $27.45 on Wednesday. The firm has a market cap of $371.12 million and a P/E ratio of 19.88. The company’s 50-day simple moving average is $25.50 and its 200-day simple moving average is $25.43. Capital Group New Geography Equity ETF has a 52-week low of $22.22 and a 52-week high of $27.45.

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.