Venturi Wealth Management LLC Buys 262,731 Shares of Capital Group International Equity ETF $CGIE

Venturi Wealth Management LLC increased its stake in Capital Group International Equity ETF (NYSEARCA:CGIE) by 17.7% in the 1st quarter, Holdings Channel reports. The firm owned 1,748,274 shares of the company’s stock after purchasing an additional 262,731 shares during the period. Capital Group International Equity ETF accounts for approximately 2.7% of Venturi Wealth Management LLC’s holdings, making the stock its 6th biggest position. Venturi Wealth Management LLC’s holdings in Capital Group International Equity ETF were worth $59,127,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGIE. SHP Wealth Management bought a new stake in Capital Group International Equity ETF during the fourth quarter worth approximately $30,000. Allworth Financial LP acquired a new stake in shares of Capital Group International Equity ETF in the third quarter worth $35,000. Harbor Investment Advisory LLC acquired a new stake in shares of Capital Group International Equity ETF in the fourth quarter worth $42,000. Sunbelt Securities Inc. acquired a new stake in shares of Capital Group International Equity ETF in the third quarter worth $61,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of 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 worth $71,000 after buying an additional 640 shares during the period.

Capital Group International Equity ETF Price Performance

Capital Group International Equity ETF stock opened at $36.37 on Friday. Capital Group International Equity ETF has a fifty-two week low of $31.60 and a fifty-two week high of $37.36. The firm has a fifty day moving average price of $36.15 and a two-hundred day moving average price of $35.62. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 20.85 and a beta of 0.65.

About Capital Group International Equity ETF

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.