Comerica Bank Buys 1,221 Shares of Capital Group International Equity ETF (NYSEARCA:CGIE)

Comerica Bank lifted its stake in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 46.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 3,833 shares of the company’s stock after purchasing an additional 1,221 shares during the quarter. Comerica Bank’s holdings in Capital Group International Equity ETF were worth $105,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Avantax Advisory Services Inc. grew its position in Capital Group International Equity ETF by 28.3% during the fourth quarter. Avantax Advisory Services Inc. now owns 9,916 shares of the company’s stock worth $273,000 after buying an additional 2,187 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Capital Group International Equity ETF in the 4th quarter worth about $3,825,000. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group International Equity ETF by 36.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 288,748 shares of the company’s stock worth $7,943,000 after purchasing an additional 77,640 shares in the last quarter. Johnson Bixby & Associates LLC boosted its holdings in shares of Capital Group International Equity ETF by 9.2% in the 4th quarter. Johnson Bixby & Associates LLC now owns 671,248 shares of the company’s stock worth $18,466,000 after purchasing an additional 56,670 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of Capital Group International Equity ETF by 64.3% in the 4th quarter. LPL Financial LLC now owns 200,927 shares of the company’s stock worth $5,528,000 after purchasing an additional 78,669 shares in the last quarter.

Capital Group International Equity ETF Trading Up 0.3%

CGIE opened at $31.85 on Monday. The stock has a 50-day moving average price of $29.76 and a 200-day moving average price of $29.01. Capital Group International Equity ETF has a 12-month low of $26.10 and a 12-month high of $31.85. The stock has a market capitalization of $569.48 million, a P/E ratio of 22.52 and a beta of 0.86.

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.