NewEdge Advisors LLC Buys 223,766 Shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

NewEdge Advisors LLC grew its stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 29.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 985,632 shares of the company’s stock after purchasing an additional 223,766 shares during the period. NewEdge Advisors LLC’s holdings in Capital Group International Focus Equity ETF were worth $24,316,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CGXU. Wells Fargo & Company MN lifted its position in Capital Group International Focus Equity ETF by 3.0% in the fourth quarter. Wells Fargo & Company MN now owns 5,753,043 shares of the company’s stock worth $141,928,000 after buying an additional 167,675 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Capital Group International Focus Equity ETF in the 4th quarter worth about $107,675,000. LPL Financial LLC lifted its holdings in shares of Capital Group International Focus Equity ETF by 64.0% in the 4th quarter. LPL Financial LLC now owns 3,866,749 shares of the company’s stock worth $95,393,000 after acquiring an additional 1,508,414 shares during the last quarter. Cerity Partners LLC grew its holdings in Capital Group International Focus Equity ETF by 1.8% during the 4th quarter. Cerity Partners LLC now owns 3,427,830 shares of the company’s stock valued at $84,584,000 after purchasing an additional 61,391 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in Capital Group International Focus Equity ETF by 6.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 3,192,323 shares of the company’s stock worth $78,755,000 after purchasing an additional 202,395 shares during the period.

Capital Group International Focus Equity ETF Price Performance

Shares of NYSEARCA:CGXU opened at $23.29 on Thursday. The firm has a market capitalization of $3.16 billion, a PE ratio of 20.96 and a beta of 0.91. The business has a 50 day simple moving average of $24.97 and a two-hundred day simple moving average of $25.52. Capital Group International Focus Equity ETF has a 1 year low of $21.17 and a 1 year high of $27.52.

Capital Group International Focus Equity ETF Profile

The Capital Group International Focus Equity ETF (CGXU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in stocks of non-US companies that the adviser believes have high growth potential. CGXU was launched on Feb 22, 2022 and is managed by Capital Group.