Capital International Investors Reduces Stock Position in Capital Group International Equity ETF $CGIE

Capital International Investors reduced its holdings in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 50.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the company’s stock after selling 20,000 shares during the quarter. Capital International Investors’ holdings in Capital Group International Equity ETF were worth $696,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP purchased a new stake in shares of Capital Group International Equity ETF during the 3rd quarter valued at approximately $35,000. Harbor Investment Advisory LLC purchased a new stake in shares of Capital Group International Equity ETF in the fourth quarter worth about $42,000. Sunbelt Securities Inc. purchased a new stake in shares of Capital Group International Equity ETF in the third quarter worth about $61,000. NewEdge Advisors LLC lifted its holdings in shares of 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 buying an additional 640 shares in the last quarter. Finally, Rothschild Investment LLC lifted its holdings in shares of 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 buying an additional 623 shares in the last quarter.

Capital Group International Equity ETF Stock Performance

Shares of Capital Group International Equity ETF stock opened at $36.00 on Wednesday. Capital Group International Equity ETF has a 12-month low of $31.60 and a 12-month high of $37.07. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 20.85 and a beta of 0.65. The company’s 50-day moving average price is $35.68 and its 200-day moving average price is $35.39.

Capital Group International Equity ETF Company 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.