Capital International Investors Sells 20,000 Shares of Capital Group International Equity ETF $CGIE

Capital International Investors trimmed its position in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 50.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,000 shares of the company’s stock after selling 20,000 shares during the period. Capital International Investors’ holdings in Capital Group International Equity ETF were worth $696,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of CGIE. Bank of New York Mellon Corp bought a new stake in Capital Group International Equity ETF in the 4th quarter valued at about $70,727,000. UBS Group AG raised its stake in Capital Group International Equity ETF by 21.2% in the 4th quarter. UBS Group AG now owns 1,900,865 shares of the company’s stock valued at $66,188,000 after acquiring an additional 332,597 shares during the period. Venturi Wealth Management LLC raised its stake in Capital Group International Equity ETF by 6.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,485,543 shares of the company’s stock valued at $51,727,000 after acquiring an additional 85,604 shares during the period. Capital Group Private Client Services Inc. raised its stake in Capital Group International Equity ETF by 9.1% in the 4th quarter. Capital Group Private Client Services Inc. now owns 1,044,470 shares of the company’s stock valued at $36,368,000 after acquiring an additional 87,223 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Capital Group International Equity ETF by 34.2% in the third quarter. Raymond James Financial Inc. now owns 823,082 shares of the company’s stock valued at $27,754,000 after purchasing an additional 209,844 shares during the period.

Capital Group International Equity ETF Stock Performance

Shares of CGIE stock opened at $36.00 on Wednesday. The stock has a market capitalization of $2.08 billion, a P/E ratio of 20.85 and a beta of 0.65. The firm’s 50 day moving average is $35.68 and its 200 day moving average is $35.39. Capital Group International Equity ETF has a 12 month low of $31.60 and a 12 month high of $37.07.

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.