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

AlphaCore Capital LLC bought a new position in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the 4th quarter, HoldingsChannel.com reports. The fund bought 207,900 shares of the company’s stock, valued at approximately $6,143,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its stake in shares of Capital Group International Focus Equity ETF by 7.2% in the third quarter. EverSource Wealth Advisors LLC now owns 511,251 shares of the company’s stock valued at $15,143,000 after buying an additional 34,466 shares in the last quarter. Armstrong Fleming & Moore Inc grew its stake in shares of Capital Group International Focus Equity ETF by 2.7% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 779,611 shares of the company’s stock valued at $23,038,000 after buying an additional 20,588 shares in the last quarter. SPC Financial Inc. boosted its holdings in Capital Group International Focus Equity ETF by 23.8% in the third quarter. SPC Financial Inc. now owns 196,930 shares of the company’s stock valued at $5,833,000 after purchasing an additional 37,885 shares during the period. Assetmark Inc. boosted its holdings in Capital Group International Focus Equity ETF by 157.6% in the fourth quarter. Assetmark Inc. now owns 49,244 shares of the company’s stock valued at $1,455,000 after purchasing an additional 30,131 shares during the period. Finally, Cornell Pochily Investment Advisors Inc. boosted its holdings in Capital Group International Focus Equity ETF by 23.9% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 89,116 shares of the company’s stock valued at $2,633,000 after purchasing an additional 17,186 shares during the period.

Capital Group International Focus Equity ETF Trading Down 2.7%

NYSEARCA:CGXU opened at $32.53 on Friday. The firm has a market cap of $5.63 billion, a PE ratio of 17.44 and a beta of 0.93. The stock has a fifty day moving average price of $30.94 and a 200 day moving average price of $30.80. Capital Group International Focus Equity ETF has a 12-month low of $26.01 and a 12-month high of $33.75.

About Capital Group International Focus Equity ETF

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.