Envestnet Asset Management Inc. Raises Position in Capital Group International Equity ETF (NYSEARCA:CGIE)

Envestnet Asset Management Inc. lifted its stake in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 501.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 172,569 shares of the company’s stock after buying an additional 143,888 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Capital Group International Equity ETF were worth $4,944,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Trueblood Wealth Management LLC increased its stake in shares of Capital Group International Equity ETF by 78.6% during the 2nd quarter. Trueblood Wealth Management LLC now owns 12,550 shares of the company’s stock worth $360,000 after purchasing an additional 5,522 shares during the last quarter. Private Advisor Group LLC grew its stake in Capital Group International Equity ETF by 16.5% in the 2nd quarter. Private Advisor Group LLC now owns 37,709 shares of the company’s stock valued at $1,080,000 after buying an additional 5,339 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Capital Group International Equity ETF by 20.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 104,219 shares of the company’s stock valued at $2,986,000 after buying an additional 17,839 shares in the last quarter. Rather & Kittrell Inc. purchased a new position in Capital Group International Equity ETF in the 2nd quarter valued at approximately $212,000. Finally, Ameritas Advisory Services LLC grew its stake in Capital Group International Equity ETF by 18.8% in the 2nd quarter. Ameritas Advisory Services LLC now owns 15,088 shares of the company’s stock valued at $432,000 after buying an additional 2,387 shares in the last quarter.

Capital Group International Equity ETF Trading Down 0.4 %

Capital Group International Equity ETF stock opened at $30.36 on Tuesday. Capital Group International Equity ETF has a 1-year low of $23.90 and a 1-year high of $30.78. The firm has a market capitalization of $133.58 million, a price-to-earnings ratio of 20.30 and a beta of 0.86. The firm has a 50 day simple moving average of $29.37 and a 200 day simple moving average of $29.10.

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.