KWB Wealth Makes New $710,000 Investment in Capital Group International Equity ETF (NYSEARCA:CGIE)

KWB Wealth acquired a new position in Capital Group International Equity ETF (NYSEARCA:CGIE) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 23,400 shares of the company’s stock, valued at approximately $710,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. AdvisorNet Financial Inc lifted its stake in shares of Capital Group International Equity ETF by 1,088.3% in the fourth quarter. AdvisorNet Financial Inc now owns 7,296 shares of the company’s stock worth $201,000 after buying an additional 6,682 shares in the last quarter. MML Investors Services LLC lifted its stake in shares of Capital Group International Equity ETF by 21.8% in the third quarter. MML Investors Services LLC now owns 201,357 shares of the company’s stock worth $6,113,000 after buying an additional 36,000 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Capital Group International Equity ETF by 289.5% in the third quarter. Jane Street Group LLC now owns 118,536 shares of the company’s stock worth $3,599,000 after buying an additional 88,104 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Capital Group International Equity ETF by 27.8% in the third quarter. Stifel Financial Corp now owns 129,720 shares of the company’s stock worth $3,938,000 after buying an additional 28,217 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of Capital Group International Equity ETF by 18.9% in the third quarter. Captrust Financial Advisors now owns 38,067 shares of the company’s stock worth $1,156,000 after buying an additional 6,043 shares in the last quarter.

Capital Group International Equity ETF Stock Performance

Shares of NYSEARCA CGIE opened at $27.22 on Tuesday. The firm’s 50 day moving average price is $28.19 and its 200-day moving average price is $28.97. The company has a market cap of $119.77 million, a PE ratio of 20.30 and a beta of 0.86. Capital Group International Equity ETF has a 52-week low of $26.61 and a 52-week high of $30.78.

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.