Northwestern Mutual Wealth Management Co. Boosts Stock Position in Capital Group International Equity ETF $CGIE

Northwestern Mutual Wealth Management Co. grew its stake in Capital Group International Equity ETF (NYSEARCA:CGIE) by 26.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 655,806 shares of the company’s stock after purchasing an additional 138,181 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 1.36% of Capital Group International Equity ETF worth $22,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Allworth Financial LP purchased a new stake in shares of Capital Group International Equity ETF in the third quarter valued at approximately $35,000. Harbor Investment Advisory LLC purchased a new position in Capital Group International Equity ETF in the fourth quarter worth approximately $42,000. Sunbelt Securities Inc. purchased a new position in Capital Group International Equity ETF in the third quarter worth approximately $61,000. NewEdge Advisors LLC grew its position in Capital Group International Equity ETF by 42.2% in the second quarter. NewEdge Advisors LLC now owns 2,158 shares of the company’s stock worth $71,000 after acquiring an additional 640 shares during the period. Finally, Rothschild Investment LLC grew its position in Capital Group International Equity ETF by 26.5% in the third quarter. Rothschild Investment LLC now owns 2,973 shares of the company’s stock worth $100,000 after acquiring an additional 623 shares during the period.

Capital Group International Equity ETF Stock Performance

Shares of Capital Group International Equity ETF stock opened at $36.53 on Monday. The firm has a market capitalization of $2.11 billion, a price-to-earnings ratio of 20.85 and a beta of 0.66. Capital Group International Equity ETF has a fifty-two week low of $31.60 and a fifty-two week high of $37.07. The stock has a 50 day moving average of $35.25 and a 200 day moving average of $35.29.

Capital Group International Equity ETF Profile

The Capital Group International Equity ETF (CGIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of non-US companies. The objective centers on identifying companies believed to have the potential for growth. CGIE was launched on Sep 26, 2023 and is issued by Capital Group.