Capital Group International Equity ETF $CGIE Shares Sold by Quantinno Capital Management LP

Quantinno Capital Management LP reduced its holdings in Capital Group International Equity ETF (NYSEARCA:CGIE) by 49.5% during the 1st quarter, Holdings Channel reports. The fund owned 51,451 shares of the company’s stock after selling 50,450 shares during the period. Quantinno Capital Management LP’s holdings in Capital Group International Equity ETF were worth $1,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CGIE. SHP Wealth Management purchased a new position in shares of Capital Group International Equity ETF during the fourth quarter worth $30,000. Allworth Financial LP purchased a new stake in Capital Group International Equity ETF in the third quarter valued at $35,000. Sunbelt Securities Inc. purchased a new stake in Capital Group International Equity ETF in the third quarter valued at $61,000. NewEdge Advisors LLC grew its position in 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 purchasing an additional 640 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in Capital Group International Equity ETF during the 1st quarter worth about $97,000.

Capital Group International Equity ETF Stock Performance

NYSEARCA CGIE opened at $38.13 on Wednesday. The stock has a 50-day simple moving average of $36.69 and a two-hundred day simple moving average of $35.95. The firm has a market capitalization of $2.46 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 $32.37 and a fifty-two week high of $38.32.

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.