Trillion dollar wealth manager Capital Group picks up 5.45% stake in CFDs broker Plus500
FNG has learned via regulatory filings that leading US based investment and wealth management company Capital Group has recently acquired a 5.45% interest in Israel based CFDs broker Plus500 (LON:PLUS).
The Capital Group Companies, Inc., based in Los Angeles and one of the oldest and largest wealth managers in the world with more than $2.6 trillion under management, has acquired a total of 3,917,567 Plus500 shares. Capital Group passed the 5% holding threshold in Plus500 on June 10, triggering the regulatory filing about its holding in Plus500.
While Capital Group didn’t disclose the exact price paid for its Plus500 shares, at Plus500’s current share price of 3,398p the stake is worth £133.1 million, or USD $181 million.
Plus500 shares are up 32% year to date in 2025, and sit near an all time high, with the company valued at about £2.46 billion (USD $3.34 billion).
Plus500 share price chart, 2025 year to date. Source: Google Finance.