Quantinno Capital Management LP Lowers Stake in Capital Group International Equity ETF $CGIE

Quantinno Capital Management LP lessened its stake in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 49.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,451 shares of the company’s stock after selling 50,450 shares during the quarter. Quantinno Capital Management LP owned approximately 0.09% of Capital Group International Equity ETF worth $1,740,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Smith Moore & CO. bought a new stake in Capital Group International Equity ETF during the fourth quarter valued at about $607,000. Valmark Advisers Inc. raised its holdings in Capital Group International Equity ETF by 264.0% in the fourth quarter. Valmark Advisers Inc. now owns 111,127 shares of the company’s stock worth $3,869,000 after purchasing an additional 80,601 shares in the last quarter. Capital Group Private Client Services Inc. raised its holdings in Capital Group International Equity ETF by 9.1% in the fourth quarter. Capital Group Private Client Services Inc. now owns 1,044,470 shares of the company’s stock worth $36,368,000 after purchasing an additional 87,223 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Capital Group International Equity ETF by 46.5% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 89,443 shares of the company’s stock valued at $3,114,000 after buying an additional 28,388 shares during the last quarter. Finally, Greykasell Wealth Strategies Inc. lifted its position in shares of Capital Group International Equity ETF by 766.2% during the fourth quarter. Greykasell Wealth Strategies Inc. now owns 104,676 shares of the company’s stock valued at $3,645,000 after buying an additional 92,591 shares during the last quarter.

Capital Group International Equity ETF Stock Performance

NYSEARCA:CGIE opened at $38.13 on Wednesday. The company’s 50-day simple moving average is $36.69 and its 200-day simple moving average is $35.95. Capital Group International Equity ETF has a fifty-two week low of $32.37 and a fifty-two week high of $38.32. The stock 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 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.