Capital Group International Focus Equity ETF $CGXU Stock: Confluence Wealth Services Inc. Raises Position

Confluence Wealth Services Inc. boosted its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 11.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,709,168 shares of the company’s stock after acquiring an additional 278,384 shares during the period. Capital Group International Focus Equity ETF accounts for approximately 2.4% of Confluence Wealth Services Inc.’s portfolio, making the stock its 13th biggest position. Confluence Wealth Services Inc.’s holdings in Capital Group International Focus Equity ETF were worth $92,897,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. MCF Advisors LLC boosted its stake in shares of Capital Group International Focus Equity ETF by 336.3% in the 2nd quarter. MCF Advisors LLC now owns 1,069 shares of the company’s stock valued at $37,000 after buying an additional 824 shares during the period. Parallel Advisors LLC acquired a new position in shares of Capital Group International Focus Equity ETF during the first quarter worth about $68,000. North Star Investment Management Corp. purchased a new stake in shares of Capital Group International Focus Equity ETF during the third quarter worth approximately $102,000. Mather Group LLC. increased its stake in shares of Capital Group International Focus Equity ETF by 17.1% during the third quarter. Mather Group LLC. now owns 3,231 shares of the company’s stock worth $111,000 after buying an additional 471 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of Capital Group International Focus Equity ETF during the third quarter worth approximately $150,000.

Capital Group International Focus Equity ETF Stock Down 0.9%

Shares of NYSEARCA:CGXU opened at $31.19 on Wednesday. The firm’s 50 day moving average price is $33.58 and its 200 day moving average price is $32.98. The stock has a market cap of $6.39 billion, a price-to-earnings ratio of 15.00 and a beta of 0.97. Capital Group International Focus Equity ETF has a fifty-two week low of $28.14 and a fifty-two week high of $36.27.

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.