Diversify Wealth Management LLC Buys New Stake in Capital Group International Equity ETF $CGIE

Diversify Wealth Management LLC bought a new stake in Capital Group International Equity ETF (NYSEARCA:CGIE) during the first quarter, HoldingsChannel reports. The institutional investor bought 19,542 shares of the company’s stock, valued at approximately $681,000.

A number of other large investors also recently added to or reduced their stakes in CGIE. Morgan Stanley boosted its position in shares of Capital Group International Equity ETF by 27.6% during the fourth quarter. Morgan Stanley now owns 2,190,697 shares of the company’s stock worth $76,280,000 after buying an additional 473,919 shares during the period. LPL Financial LLC raised its holdings in shares of Capital Group International Equity ETF by 49.2% in the 4th quarter. LPL Financial LLC now owns 2,081,808 shares of the company’s stock valued at $72,489,000 after buying an additional 686,514 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Capital Group International Equity ETF in the 4th quarter valued at $70,727,000. Cetera Investment Advisers lifted its stake in Capital Group International Equity ETF by 20.3% during the 4th quarter. Cetera Investment Advisers now owns 1,912,455 shares of the company’s stock worth $66,592,000 after acquiring an additional 322,321 shares in the last quarter. Finally, UBS Group AG lifted its stake in Capital Group International Equity ETF by 21.2% during the 4th quarter. UBS Group AG now owns 1,900,865 shares of the company’s stock worth $66,188,000 after acquiring an additional 332,597 shares in the last quarter.

Capital Group International Equity ETF Price Performance

Shares of Capital Group International Equity ETF stock opened at $36.43 on Friday. The business has a 50-day moving average of $36.43 and a 200 day moving average of $35.82. Capital Group International Equity ETF has a 12 month low of $31.60 and a 12 month high of $37.36. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of 20.85 and a beta of 0.63.

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.