Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Hits New 12-Month High – Still a Buy?

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $32.69 and last traded at $32.47, with a volume of 112445 shares changing hands. The stock had previously closed at $32.56.

Capital Group International Focus Equity ETF Stock Performance

The business has a fifty day simple moving average of $31.16 and a 200-day simple moving average of $30.07. The stock has a market capitalization of $4.97 billion, a P/E ratio of 17.44 and a beta of 0.92.

Capital Group International Focus Equity ETF Dividend Announcement

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

Institutional Trading of Capital Group International Focus Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in Capital Group International Focus Equity ETF by 20.6% in the fourth quarter. LPL Financial LLC now owns 13,849,090 shares of the company’s stock worth $409,241,000 after acquiring an additional 2,364,368 shares in the last quarter. Aprio Wealth Management LLC raised its position in shares of Capital Group International Focus Equity ETF by 133.8% during the fourth quarter. Aprio Wealth Management LLC now owns 1,255,985 shares of the company’s stock worth $37,114,000 after purchasing an additional 718,702 shares during the period. Cerity Partners LLC raised its position in shares of Capital Group International Focus Equity ETF by 16.6% during the third quarter. Cerity Partners LLC now owns 4,173,527 shares of the company’s stock worth $123,620,000 after purchasing an additional 594,999 shares during the period. Inspirion Wealth Advisors LLC lifted its holdings in shares of Capital Group International Focus Equity ETF by 38.5% in the 4th quarter. Inspirion Wealth Advisors LLC now owns 1,890,344 shares of the company’s stock worth $55,860,000 after purchasing an additional 525,838 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in Capital Group International Focus Equity ETF by 37.6% in the 4th quarter. Private Advisor Group LLC now owns 1,455,359 shares of the company’s stock valued at $43,006,000 after purchasing an additional 397,744 shares during the period.

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.