Confluence Wealth Services Inc. Raises Stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG)

Confluence Wealth Services Inc. grew its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 37.7% in the fourth quarter, Holdings Channel reports. The fund owned 331,258 shares of the company’s stock after purchasing an additional 90,692 shares during the period. Capital Group New Geography Equity ETF accounts for about 0.6% of Confluence Wealth Services Inc.’s portfolio, making the stock its 27th largest holding. Confluence Wealth Services Inc.’s holdings in Capital Group New Geography Equity ETF were worth $8,490,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Captrust Financial Advisors acquired a new stake in Capital Group New Geography Equity ETF during the third quarter worth about $7,077,000. Johnson Bixby & Associates LLC purchased a new stake in shares of Capital Group New Geography Equity ETF in the 3rd quarter valued at approximately $5,849,000. Jane Street Group LLC acquired a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter worth approximately $4,914,000. Stifel Financial Corp purchased a new stake in shares of Capital Group New Geography Equity ETF during the 3rd quarter valued at approximately $1,462,000. Finally, Janney Montgomery Scott LLC acquired a new position in Capital Group New Geography Equity ETF in the third quarter valued at approximately $1,190,000.

Capital Group New Geography Equity ETF Price Performance

CGNG stock opened at $25.65 on Wednesday. Capital Group New Geography Equity ETF has a 52-week low of $23.19 and a 52-week high of $26.87. The business has a fifty day moving average of $25.25 and a two-hundred day moving average of $25.36.