Beacon Capital Management LLC Acquires New Stake in Capital Group International Focus Equity ETF $CGXU

Beacon Capital Management LLC purchased a new position in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,749 shares of the company’s stock, valued at approximately $75,000.

Several other large investors also recently bought and sold shares of CGXU. LPL Financial LLC increased its holdings in Capital Group International Focus Equity ETF by 84.8% during the 1st quarter. LPL Financial LLC now owns 7,146,522 shares of the company’s stock worth $174,947,000 after purchasing an additional 3,279,773 shares during the period. Jones Financial Companies Lllp increased its holdings in Capital Group International Focus Equity ETF by 245.6% during the 1st quarter. Jones Financial Companies Lllp now owns 2,486,342 shares of the company’s stock worth $60,866,000 after purchasing an additional 1,766,816 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Capital Group International Focus Equity ETF by 13.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,649,146 shares of the company’s stock worth $187,251,000 after purchasing an additional 921,451 shares during the period. CW Advisors LLC purchased a new stake in Capital Group International Focus Equity ETF during the 1st quarter worth about $14,798,000. Finally, Raymond James Financial Inc. increased its holdings in Capital Group International Focus Equity ETF by 12.4% during the 1st quarter. Raymond James Financial Inc. now owns 4,906,682 shares of the company’s stock worth $120,116,000 after purchasing an additional 542,063 shares during the period.

Capital Group International Focus Equity ETF Price Performance

Shares of NYSEARCA CGXU opened at $29.36 on Monday. The stock’s 50-day moving average is $28.10 and its two-hundred day moving average is $26.49. Capital Group International Focus Equity ETF has a 1-year low of $21.17 and a 1-year high of $29.61. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 17.44 and a beta of 0.94.

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.