Capital Group Private Client Services Inc. Acquires 502,242 Shares of Capital Group International Core Equity ETF $CGIC

Capital Group Private Client Services Inc. grew its position in Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 44.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,642,755 shares of the company’s stock after acquiring an additional 502,242 shares during the period. Capital Group International Core Equity ETF comprises about 0.8% of Capital Group Private Client Services Inc.’s portfolio, making the stock its 22nd largest holding. Capital Group Private Client Services Inc. owned 4.72% of Capital Group International Core Equity ETF worth $53,390,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. DAVENPORT & Co LLC bought a new position in shares of Capital Group International Core Equity ETF in the 4th quarter valued at about $838,000. BIP Wealth LLC bought a new position in shares of Capital Group International Core Equity ETF in the 4th quarter valued at about $9,777,000. Capital Investment Advisors LLC grew its position in shares of Capital Group International Core Equity ETF by 87.5% in the 4th quarter. Capital Investment Advisors LLC now owns 66,619 shares of the company’s stock valued at $2,165,000 after acquiring an additional 31,084 shares during the period. Prosperity Financial Group Inc. bought a new position in shares of Capital Group International Core Equity ETF in the 4th quarter valued at about $1,673,000. Finally, KWB Wealth bought a new position in shares of Capital Group International Core Equity ETF in the 4th quarter valued at about $709,000.

Capital Group International Core Equity ETF Stock Performance

NYSEARCA CGIC opened at $35.39 on Friday. The firm has a 50-day moving average of $35.20 and a 200-day moving average of $34.08. The stock has a market cap of $1.68 billion, a PE ratio of 15.77 and a beta of 0.52. Capital Group International Core Equity ETF has a 52-week low of $28.17 and a 52-week high of $37.05.

About Capital Group International Core Equity ETF

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.