Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Reaches New 12-Month High – Time to Buy?

Capital Group International Focus Equity ETF (NYSEARCA:CGXU)’s stock price reached a new 52-week high on Friday . The company traded as high as $31.26 and last traded at $31.2510, with a volume of 780741 shares. The stock had previously closed at $31.07.

Capital Group International Focus Equity ETF Price Performance

The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92. The business has a 50 day simple moving average of $30.16 and a 200 day simple moving average of $29.26.

Capital Group International Focus Equity ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a dividend of $1.2734 per share. The ex-dividend date was Friday, December 26th. This represents a yield of 856.0%.

Institutional Investors Weigh In On Capital Group International Focus Equity ETF

A number of hedge funds have recently bought and sold shares of the stock. HBW Advisory Services LLC acquired a new position in shares of Capital Group International Focus Equity ETF during the fourth quarter worth about $867,000. KOM Wealth Management Group LLC lifted its stake in Capital Group International Focus Equity ETF by 7.5% in the fourth quarter. KOM Wealth Management Group LLC now owns 43,848 shares of the company’s stock worth $1,296,000 after acquiring an additional 3,044 shares during the last quarter. James J. Burns & Company LLC grew its holdings in Capital Group International Focus Equity ETF by 9.8% during the 4th quarter. James J. Burns & Company LLC now owns 8,117 shares of the company’s stock worth $240,000 after acquiring an additional 725 shares in the last quarter. Brown Miller Wealth Management LLC increased its position in shares of Capital Group International Focus Equity ETF by 11.0% in the 4th quarter. Brown Miller Wealth Management LLC now owns 187,107 shares of the company’s stock valued at $5,529,000 after purchasing an additional 18,555 shares during the last quarter. Finally, Choreo LLC increased its position in shares of Capital Group International Focus Equity ETF by 4.5% in the 4th quarter. Choreo LLC now owns 29,168 shares of the company’s stock valued at $867,000 after purchasing an additional 1,246 shares during the last quarter.

Capital Group International Focus Equity ETF Company 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.