Independent Financial Group LLC Makes New Investment in Capital Group International Focus Equity ETF $CGXU

Independent Financial Group LLC bought a new stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 35,073 shares of the company’s stock, valued at approximately $1,034,000.

Other hedge funds also recently made changes to their positions in the company. Quadrant Capital Group LLC purchased a new position in shares of Capital Group International Focus Equity ETF in the 4th quarter worth about $28,000. IFP Advisors Inc increased its holdings in Capital Group International Focus Equity ETF by 103.1% during the third quarter. IFP Advisors Inc now owns 2,388 shares of the company’s stock worth $71,000 after buying an additional 1,212 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings in Capital Group International Focus Equity ETF by 18.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock worth $81,000 after buying an additional 436 shares during the last quarter. CoreCap Advisors LLC raised its position in Capital Group International Focus Equity ETF by 191.9% in the fourth quarter. CoreCap Advisors LLC now owns 2,820 shares of the company’s stock worth $83,000 after acquiring an additional 1,854 shares during the period. Finally, Anchor Investment Management LLC bought a new stake in Capital Group International Focus Equity ETF in the fourth quarter worth about $111,000.

Capital Group International Focus Equity ETF Stock Up 0.1%

CGXU opened at $33.16 on Tuesday. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of 17.44 and a beta of 0.94. Capital Group International Focus Equity ETF has a twelve month low of $26.31 and a twelve month high of $36.27. The company’s 50-day moving average price is $34.27 and its two-hundred day moving average price is $32.20.

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.