Envestnet Portfolio Solutions Inc. Purchases Shares of 12,388 Capital Group International Equity ETF $CGIE

Envestnet Portfolio Solutions Inc. purchased a new stake in Capital Group International Equity ETF (NYSEARCA:CGIE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,388 shares of the company’s stock, valued at approximately $408,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of CGIE. LPL Financial LLC raised its stake in shares of Capital Group International Equity ETF by 168.7% in the 1st quarter. LPL Financial LLC now owns 539,858 shares of the company’s stock valued at $15,829,000 after purchasing an additional 338,931 shares during the period. Raymond James Financial Inc. raised its stake in shares of Capital Group International Equity ETF by 215.4% in the 1st quarter. Raymond James Financial Inc. now owns 438,549 shares of the company’s stock valued at $12,858,000 after purchasing an additional 299,494 shares during the period. Stonebridge Financial Group LLC acquired a new stake in shares of Capital Group International Equity ETF in the 2nd quarter valued at about $9,246,000. Cetera Investment Advisers raised its stake in shares of Capital Group International Equity ETF by 35.5% in the 1st quarter. Cetera Investment Advisers now owns 589,834 shares of the company’s stock valued at $17,294,000 after purchasing an additional 154,420 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Capital Group International Equity ETF by 203.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 216,978 shares of the company’s stock valued at $6,362,000 after purchasing an additional 145,581 shares during the period.

Capital Group International Equity ETF Stock Performance

NYSEARCA:CGIE opened at $33.98 on Thursday. The stock’s 50-day simple moving average is $33.56 and its 200 day simple moving average is $32.30. The company has a market cap of $1.16 billion, a P/E ratio of 20.85 and a beta of 0.86. Capital Group International Equity ETF has a 52-week low of $26.10 and a 52-week high of $34.61.

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.