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Capital International Investors lessened its stake in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 50.0% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,000 shares of the company's stock after selling 40,000 shares during the quarter. Capital International
Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group International Equity ETF (NYSEARCA:CGIE) by 57.1% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 676,570 shares of the company's stock after purchasing an additional 246,011 shares during the
Valmark Advisers Inc. acquired a new position in Capital Group International Equity ETF (NYSEARCA:CGIE) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 30,526 shares of the company's stock, valued at approximately $1,029,000. Valmark Advisers Inc. owned approximately 0.09% of
Launched on 12/15/2020, the First Trust International Developed Capital Strength ETF (FICS) is a smart beta exchange traded fund offering broad exposure to the Foreign Large Growth ETF category of the market.
The Capital Group International Equity ETF has shown strong performance, with a 23% since-inception return driven by investments in European large-cap growth companies. The CGIE ETF's focus on sectors like tech, financials, healthcare, and industrials positions it well for continued growth amid favorable borrowing conditions in Europe. With the U.S. facing financial and political volatility, CGIE offers a strategic hedge and capital appreciation potential for diversified portfolios.
Capital Group first launched ETFs less than two and a half years ago, but is not slowing down. The firm's asset base is just under $35 billion, aided by nearly $10 billion thus far in 2024.
Capital Group has launched five active exchange traded funds (ETFs) today on the New York Stock Exchange. Among the new funds is the firm's first multi-asset ETF, along with two fixed income and two equity ETFs.