D.A. Davidson & CO. Reduces Stock Position in Capital Group International Equity ETF $CGIE

D.A. Davidson & CO. trimmed its holdings in Capital Group International Equity ETF (NYSEARCA:CGIE) by 33.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 154,687 shares of the company’s stock after selling 78,715 shares during the period. D.A. Davidson & CO. owned about 0.27% of Capital Group International Equity ETF worth $5,232,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Comerica Bank grew its position in shares of Capital Group International Equity ETF by 9.6% during the third quarter. Comerica Bank now owns 3,526 shares of the company’s stock worth $119,000 after buying an additional 309 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Capital Group International Equity ETF by 42.2% during the 2nd quarter. NewEdge Advisors LLC now owns 2,158 shares of the company’s stock valued at $71,000 after acquiring an additional 640 shares during the last quarter. Investmark Advisory Group LLC boosted its stake in Capital Group International Equity ETF by 9.0% during the 4th quarter. Investmark Advisory Group LLC now owns 9,060 shares of the company’s stock valued at $315,000 after acquiring an additional 748 shares during the last quarter. SHP Wealth Management acquired a new position in Capital Group International Equity ETF during the 4th quarter worth $30,000. Finally, Endeavor Private Wealth Inc. grew its holdings in Capital Group International Equity ETF by 5.0% during the 4th quarter. Endeavor Private Wealth Inc. now owns 19,877 shares of the company’s stock worth $692,000 after acquiring an additional 954 shares in the last quarter.

Capital Group International Equity ETF Stock Performance

CGIE opened at $36.18 on Friday. The company has a market capitalization of $2.30 billion, a P/E ratio of 20.85 and a beta of 0.63. The company has a 50-day moving average of $36.43 and a 200-day moving average of $35.82. Capital Group International Equity ETF has a 1-year low of $31.60 and a 1-year high of $37.36.

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.