BNB Wealth Management LLC Makes New Investment in Capital Group International Core Equity ETF $CGIC

BNB Wealth Management LLC acquired a new position in Capital Group International Core Equity ETF (NYSEARCA:CGIC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 111,043 shares of the company’s stock, valued at approximately $3,609,000. Capital Group International Core Equity ETF makes up about 2.3% of BNB Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CGIC. LPL Financial LLC lifted its position in shares of Capital Group International Core Equity ETF by 96.4% during the 4th quarter. LPL Financial LLC now owns 2,778,105 shares of the company’s stock valued at $90,288,000 after buying an additional 1,363,726 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Capital Group International Core Equity ETF by 112.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,311,860 shares of the company’s stock valued at $40,418,000 after buying an additional 695,388 shares in the last quarter. Capital Group Private Client Services Inc. lifted its position in shares of Capital Group International Core Equity ETF by 44.0% during the 4th quarter. Capital Group Private Client Services Inc. now owns 1,642,755 shares of the company’s stock valued at $53,390,000 after buying an additional 502,242 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Capital Group International Core Equity ETF by 255.6% during the 4th quarter. Cetera Investment Advisers now owns 572,235 shares of the company’s stock valued at $18,598,000 after buying an additional 411,317 shares in the last quarter. Finally, SK Wealth Management LLC lifted its position in shares of Capital Group International Core Equity ETF by 1,314.3% during the 4th quarter. SK Wealth Management LLC now owns 416,097 shares of the company’s stock valued at $14,580,000 after buying an additional 386,677 shares in the last quarter.

Capital Group International Core Equity ETF Stock Performance

NYSEARCA CGIC opened at $36.62 on Thursday. The business has a fifty day moving average price of $35.75 and a 200 day moving average price of $34.40. Capital Group International Core Equity ETF has a one year low of $28.17 and a one year high of $37.30. The company has a market cap of $1.74 billion, a P/E ratio of 15.77 and a beta of 0.52.

About Capital Group International Core Equity ETF

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.