Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sets New 12-Month High – What’s Next?

Shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) reached a new 52-week high during trading on Wednesday . The company traded as high as $33.44 and last traded at $33.41, with a volume of 102084 shares traded. The stock had previously closed at $32.53.

Capital Group International Focus Equity ETF Stock Performance

The stock has a market capitalization of $5.81 billion, a PE ratio of 17.44 and a beta of 0.93. The stock’s 50 day moving average is $30.70 and its two-hundred day moving average is $30.64.

Institutional Trading of Capital Group International Focus Equity ETF

A number of institutional investors have recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in Capital Group International Focus Equity ETF by 20.6% in the 4th quarter. LPL Financial LLC now owns 13,849,090 shares of the company’s stock valued at $409,241,000 after purchasing an additional 2,364,368 shares in the last quarter. Summit Investment Advisory Services LLC grew its holdings in shares of Capital Group International Focus Equity ETF by 2,182.9% during the first quarter. Summit Investment Advisory Services LLC now owns 850,782 shares of the company’s stock worth $25,090,000 after buying an additional 813,514 shares in the last quarter. Aprio Wealth Management LLC raised its position in shares of Capital Group International Focus Equity ETF by 133.8% in the fourth quarter. Aprio Wealth Management LLC now owns 1,255,985 shares of the company’s stock valued at $37,114,000 after buying an additional 718,702 shares during the last quarter. Cerity Partners LLC lifted its stake in shares of Capital Group International Focus Equity ETF by 16.6% in the third quarter. Cerity Partners LLC now owns 4,173,527 shares of the company’s stock worth $123,620,000 after buying an additional 594,999 shares in the last quarter. Finally, Inspirion Wealth Advisors LLC boosted its position in Capital Group International Focus Equity ETF by 38.5% during the fourth quarter. Inspirion Wealth Advisors LLC now owns 1,890,344 shares of the company’s stock worth $55,860,000 after acquiring an additional 525,838 shares during the last quarter.

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.