Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Stock Position Lifted by LPL Financial LLC

LPL Financial LLC boosted its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 84.8% during the first quarter, HoldingsChannel.com reports. The firm owned 7,146,522 shares of the company’s stock after acquiring an additional 3,279,773 shares during the period. LPL Financial LLC owned approximately 0.05% of Capital Group International Focus Equity ETF worth $174,947,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CGXU. Captrust Financial Advisors lifted its stake in Capital Group International Focus Equity ETF by 4.3% in the fourth quarter. Captrust Financial Advisors now owns 9,575,089 shares of the company’s stock valued at $236,218,000 after acquiring an additional 390,774 shares during the last quarter. Strata Wealth Advisors LLC lifted its stake in Capital Group International Focus Equity ETF by 415.4% in the first quarter. Strata Wealth Advisors LLC now owns 459,693 shares of the company’s stock valued at $11,253,000 after acquiring an additional 370,499 shares during the last quarter. Sterling Investment Counsel LLC lifted its stake in Capital Group International Focus Equity ETF by 84.0% in the first quarter. Sterling Investment Counsel LLC now owns 647,280 shares of the company’s stock valued at $15,845,000 after acquiring an additional 295,430 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in Capital Group International Focus Equity ETF by 35.5% in the first quarter. AdvisorNet Financial Inc now owns 914,208 shares of the company’s stock valued at $22,380,000 after acquiring an additional 239,415 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Capital Group International Focus Equity ETF by 20.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,313,577 shares of the company’s stock valued at $32,406,000 after acquiring an additional 224,770 shares during the last quarter.

Capital Group International Focus Equity ETF Stock Down 1.6%

NYSEARCA CGXU opened at $27.10 on Tuesday. The stock has a market capitalization of $3.74 billion, a PE ratio of 17.44 and a beta of 0.94. The company has a 50 day moving average price of $26.86 and a two-hundred day moving average price of $25.71. Capital Group International Focus Equity ETF has a 12-month low of $21.17 and a 12-month high of $27.80.

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.