Northwestern Mutual Wealth Management Co. Raises Holdings in Capital Group International Equity ETF $CGIE

Northwestern Mutual Wealth Management Co. grew its position in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 26.7% during the fourth quarter, Holdings Channel reports. The firm owned 655,806 shares of the company’s stock after acquiring an additional 138,181 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Capital Group International Equity ETF were worth $22,835,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in CGIE. Bank of America Corp DE lifted its stake in Capital Group International Equity ETF by 13,277.2% during the third quarter. Bank of America Corp DE now owns 643,710 shares of the company’s stock worth $21,706,000 after purchasing an additional 638,898 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Capital Group International Equity ETF by 67.3% during the third quarter. Jones Financial Companies Lllp now owns 1,191,870 shares of the company’s stock worth $39,905,000 after purchasing an additional 479,447 shares in the last quarter. UBS Group AG lifted its stake in Capital Group International Equity ETF by 21.2% during the fourth quarter. UBS Group AG now owns 1,900,865 shares of the company’s stock worth $66,188,000 after purchasing an additional 332,597 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group International Equity ETF by 57.1% during the third quarter. Envestnet Asset Management Inc. now owns 676,570 shares of the company’s stock worth $22,814,000 after purchasing an additional 246,011 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in Capital Group International Equity ETF by 34.2% during the third quarter. Raymond James Financial Inc. now owns 823,082 shares of the company’s stock worth $27,754,000 after purchasing an additional 209,844 shares in the last quarter.

Capital Group International Equity ETF Price Performance

NYSEARCA:CGIE opened at $36.53 on Monday. The stock’s fifty day moving average is $35.25 and its two-hundred day moving average is $35.29. Capital Group International Equity ETF has a 52 week low of $31.60 and a 52 week high of $37.07. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 20.85 and a beta of 0.66.

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.