Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Hits New 1-Year High – Here’s Why

Shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) hit a new 52-week high during trading on Friday . The stock traded as high as $33.75 and last traded at $33.71, with a volume of 519222 shares. The stock had previously closed at $33.56.

Capital Group International Focus Equity ETF Stock Performance

The firm has a market cap of $5.83 billion, a P/E ratio of 17.44 and a beta of 0.93. The firm’s fifty day moving average is $31.18 and its 200 day moving average is $30.86.

Institutional Trading of Capital Group International Focus Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Quadrant Capital Group LLC bought a new stake in Capital Group International Focus Equity ETF in the 4th quarter valued at about $28,000. Cullen Frost Bankers Inc. bought a new stake in Capital Group International Focus Equity ETF in the 3rd quarter valued at about $35,000. Parallel Advisors LLC bought a new stake in Capital Group International Focus Equity ETF in the 1st quarter valued at about $68,000. IFP Advisors Inc boosted its holdings in Capital Group International Focus Equity ETF by 103.1% in the 3rd quarter. IFP Advisors Inc now owns 2,388 shares of the company’s stock valued at $71,000 after purchasing an additional 1,212 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its holdings in Capital Group International Focus Equity ETF by 18.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock valued at $81,000 after purchasing an additional 436 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.