Capital Group International Equity ETF $CGIE Stock Sold by Mendota Financial Group LLC

Mendota Financial Group LLC reduced its holdings in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 8.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 165,837 shares of the company’s stock after selling 15,687 shares during the period. Capital Group International Equity ETF comprises approximately 3.8% of Mendota Financial Group LLC’s portfolio, making the stock its 11th biggest holding. Mendota Financial Group LLC’s holdings in Capital Group International Equity ETF were worth $6,087,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of CGIE. Cetera Investment Advisers boosted its stake in shares of Capital Group International Equity ETF by 23.2% in the 1st quarter. Cetera Investment Advisers now owns 2,356,485 shares of the company’s stock valued at $79,696,000 after purchasing an additional 444,030 shares in the last quarter. J. Derek Lewis & Associates Inc. bought a new position in shares of Capital Group International Equity ETF during the 4th quarter valued at $2,054,000. IFP Advisors Inc raised its position in Capital Group International Equity ETF by 72.2% in the 2nd quarter. IFP Advisors Inc now owns 62,784 shares of the company’s stock worth $2,309,000 after purchasing an additional 26,316 shares during the period. Diversify Wealth Management LLC purchased a new position in Capital Group International Equity ETF in the 1st quarter worth $681,000. Finally, Capital Analysts LLC lifted its stake in Capital Group International Equity ETF by 56.6% in the second quarter. Capital Analysts LLC now owns 158,351 shares of the company’s stock worth $5,825,000 after purchasing an additional 57,208 shares during the last quarter.

Capital Group International Equity ETF Price Performance

NYSEARCA CGIE traded down $0.46 during trading on Wednesday, hitting $36.34. 140,556 shares of the company’s stock traded hands, compared to its average volume of 501,798. The stock has a fifty day moving average of $37.45 and a two-hundred day moving average of $36.40. Capital Group International Equity ETF has a 12-month low of $32.52 and a 12-month high of $38.63. The firm has a market cap of $2.44 billion, a P/E ratio of 20.85 and a beta of 0.65.

About Capital Group International Equity ETF

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.