Mendel Money Management trimmed its holdings in Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report) by 7.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 42,711 shares of the company’s stock after selling 3,257 shares during the quarter. Mendel Money Management’s holdings in Capital Group New Geography Equity ETF were worth $1,058,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Transcendent Capital Group LLC bought a new position in Capital Group New Geography Equity ETF during the fourth quarter valued at about $36,000. Steward Partners Investment Advisory LLC bought a new position in shares of Capital Group New Geography Equity ETF in the 4th quarter valued at approximately $38,000. Sanctuary Advisors LLC acquired a new stake in Capital Group New Geography Equity ETF in the 3rd quarter worth approximately $215,000. MML Investors Services LLC bought a new stake in Capital Group New Geography Equity ETF during the third quarter worth approximately $215,000. Finally, McNamara Financial Services Inc. acquired a new position in Capital Group New Geography Equity ETF during the fourth quarter valued at approximately $226,000.
Capital Group New Geography Equity ETF Trading Up 0.2 %
Shares of Capital Group New Geography Equity ETF stock opened at $26.03 on Wednesday. Capital Group New Geography Equity ETF has a 1-year low of $23.19 and a 1-year high of $26.87. The firm has a fifty day simple moving average of $25.60 and a 200-day simple moving average of $25.59. The stock has a market capitalization of $213.45 million and a price-to-earnings ratio of 20.65.
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.
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Want to see what other hedge funds are holding CGNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group New Geography Equity ETF (NYSEARCA:CGNG – Free Report).
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