Capital International Investors Reduces Position in Capital Group International Core Equity ETF $CGIC

Capital International Investors lessened its stake in shares of Capital Group International Core Equity ETF (NYSEARCA:CGIC) by 49.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 20,128 shares of the company’s stock after selling 20,000 shares during the quarter. Capital International Investors’ holdings in Capital Group International Core Equity ETF were worth $654,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Capital Group Private Client Services Inc. boosted its stake in shares of Capital Group International Core Equity ETF by 44.0% during the fourth quarter. Capital Group Private Client Services Inc. now owns 1,642,755 shares of the company’s stock valued at $53,390,000 after purchasing an additional 502,242 shares during the period. Greykasell Wealth Strategies Inc. boosted its stake in shares of Capital Group International Core Equity ETF by 57.4% during the fourth quarter. Greykasell Wealth Strategies Inc. now owns 886 shares of the company’s stock valued at $29,000 after purchasing an additional 323 shares during the period. Sittner & Nelson LLC boosted its stake in shares of Capital Group International Core Equity ETF by 229.7% during the fourth quarter. Sittner & Nelson LLC now owns 35,415 shares of the company’s stock valued at $1,241,000 after purchasing an additional 24,673 shares during the period. Natixis Advisors LLC purchased a new stake in shares of Capital Group International Core Equity ETF during the fourth quarter valued at approximately $689,000. Finally, Florida Financial Advisors LLC boosted its stake in shares of Capital Group International Core Equity ETF by 13.4% during the fourth quarter. Florida Financial Advisors LLC now owns 7,485 shares of the company’s stock valued at $243,000 after purchasing an additional 884 shares during the period.

Capital Group International Core Equity ETF Stock Performance

NYSEARCA:CGIC opened at $35.91 on Wednesday. The firm has a market cap of $1.71 billion, a PE ratio of 15.77 and a beta of 0.52. Capital Group International Core Equity ETF has a fifty-two week low of $28.17 and a fifty-two week high of $37.05. The business has a 50 day moving average price of $35.35 and a 200-day moving average price of $34.17.

Capital Group International Core Equity ETF Company Profile

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.