Capital Group International Focus Equity ETF $CGXU Shares Acquired by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC raised its stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 3.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 877,571 shares of the company’s stock after buying an additional 30,334 shares during the quarter. Capital Group International Focus Equity ETF comprises about 7.5% of Summit Investment Advisory Services LLC’s portfolio, making the stock its 5th biggest holding. Summit Investment Advisory Services LLC owned about 0.43% of Capital Group International Focus Equity ETF worth $30,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. MCF Advisors LLC increased its holdings in 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 purchasing an additional 824 shares during the last quarter. Parallel Advisors LLC acquired a new stake in shares of Capital Group International Focus Equity ETF in the first quarter valued at $68,000. North Star Investment Management Corp. acquired a new stake in shares of Capital Group International Focus Equity ETF in the third quarter valued at $102,000. Mather Group LLC. raised its holdings in shares of Capital Group International Focus Equity ETF by 17.1% in the 3rd quarter. Mather Group LLC. now owns 3,231 shares of the company’s stock valued at $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 in the 3rd quarter valued at $150,000.

Capital Group International Focus Equity ETF Stock Up 0.9%

NYSEARCA:CGXU traded up $0.26 on Friday, reaching $30.34. 1,247,163 shares of the company’s stock were exchanged, compared to its average volume of 966,684. The firm has a market capitalization of $6.21 billion, a price-to-earnings ratio of 17.44 and a beta of 0.96. The business has a fifty day moving average of $33.73 and a 200-day moving average of $32.98. Capital Group International Focus Equity ETF has a 52-week low of $28.14 and a 52-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.