Sovran Advisors LLC Has $3.17 Million Stock Holdings in Capital Group International Equity ETF $CGIE

Sovran Advisors LLC lifted its holdings in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 23.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,137 shares of the company’s stock after purchasing an additional 16,805 shares during the period. Sovran Advisors LLC’s holdings in Capital Group International Equity ETF were worth $3,174,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SHP Wealth Management bought a new stake in Capital Group International Equity ETF in the fourth quarter worth approximately $30,000. Allworth Financial LP acquired a new position in Capital Group International Equity ETF in the third quarter valued at approximately $35,000. Harbor Investment Advisory LLC acquired a new position in Capital Group International Equity ETF in the fourth quarter valued at approximately $42,000. Sunbelt Securities Inc. bought a new position in shares of Capital Group International Equity ETF during the 3rd quarter worth approximately $61,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of Capital Group International Equity ETF by 42.2% during the 2nd quarter. NewEdge Advisors LLC now owns 2,158 shares of the company’s stock worth $71,000 after buying an additional 640 shares in the last quarter.

Capital Group International Equity ETF Stock Performance

Shares of CGIE stock traded up $0.01 during trading hours on Friday, hitting $36.67. 301,933 shares of the company were exchanged, compared to its average volume of 562,099. The company has a 50 day simple moving average of $36.40 and a two-hundred day simple moving average of $35.77. The firm has a market cap of $2.33 billion, a P/E ratio of 20.85 and a beta of 0.63. Capital Group International Equity ETF has a fifty-two week low of $31.60 and a fifty-two week high of $37.36.

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.