KWB Wealth Sells 44,726 Shares of Capital Group International Equity ETF $CGIE

KWB Wealth cut its position in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 20.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 170,414 shares of the company’s stock after selling 44,726 shares during the quarter. KWB Wealth’s holdings in Capital Group International Equity ETF were worth $6,268,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of CGIE. Bank of New York Mellon Corp lifted its holdings in Capital Group International Equity ETF by 112.0% in the first quarter. Bank of New York Mellon Corp now owns 4,306,342 shares of the company’s stock valued at $145,640,000 after buying an additional 2,275,135 shares during the period. Cetera Investment Advisers grew its stake in Capital Group International Equity ETF by 23.2% during the first quarter. Cetera Investment Advisers now owns 2,356,485 shares of the company’s stock worth $79,696,000 after purchasing an additional 444,030 shares during the period. Morgan Stanley increased its holdings in Capital Group International Equity ETF by 27.6% in the fourth quarter. Morgan Stanley now owns 2,190,697 shares of the company’s stock worth $76,280,000 after purchasing an additional 473,919 shares in the last quarter. LPL Financial LLC increased its holdings in Capital Group International Equity ETF by 49.2% in the fourth quarter. LPL Financial LLC now owns 2,081,808 shares of the company’s stock worth $72,489,000 after purchasing an additional 686,514 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in Capital Group International Equity ETF by 43.3% in the first quarter. Royal Bank of Canada now owns 2,025,906 shares of the company’s stock worth $68,516,000 after purchasing an additional 611,671 shares in the last quarter.

Capital Group International Equity ETF Stock Performance

Shares of CGIE opened at $38.11 on Tuesday. The firm has a market cap of $2.46 billion, a PE ratio of 20.85 and a beta of 0.63. Capital Group International Equity ETF has a 52-week low of $32.37 and a 52-week high of $38.28. The business’s 50 day moving average price is $36.66 and its two-hundred day moving average price is $35.94.

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.