Merit Financial Group LLC Invests $24.38 Million in Capital Group International Equity ETF $CGIE

Merit Financial Group LLC acquired a new stake in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 722,975 shares of the company’s stock, valued at approximately $24,379,000. Merit Financial Group LLC owned approximately 2.05% of Capital Group International Equity ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CGIE. CWM LLC lifted its holdings in shares of Capital Group International Equity ETF by 766.3% in the 2nd quarter. CWM LLC now owns 771 shares of the company’s stock worth $25,000 after acquiring an additional 682 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in Capital Group International Equity ETF by 619.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,871 shares of the company’s stock worth $62,000 after purchasing an additional 1,611 shares during the period. NewEdge Advisors LLC raised its position in Capital Group International Equity ETF by 42.2% in 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. Rothschild Investment LLC lifted its stake in Capital Group International Equity ETF by 34.3% in the second quarter. Rothschild Investment LLC now owns 2,350 shares of the company’s stock worth $77,000 after purchasing an additional 600 shares during the last quarter. Finally, Financial Perspectives Inc boosted its position in Capital Group International Equity ETF by 280.4% during the second quarter. Financial Perspectives Inc now owns 4,245 shares of the company’s stock valued at $140,000 after buying an additional 3,129 shares during the period.

Capital Group International Equity ETF Trading Up 0.3%

Shares of NYSEARCA:CGIE opened at $34.96 on Wednesday. The stock’s 50-day moving average price is $34.37 and its 200-day moving average price is $33.56. Capital Group International Equity ETF has a 12-month low of $26.10 and a 12-month high of $35.11. The stock has a market capitalization of $1.23 billion, a P/E ratio of 20.85 and a beta of 0.62.

Capital Group International Equity ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a dividend of $0.1341 per share. This represents a yield of 76.0%. The ex-dividend date was Friday, December 26th.

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.