Captrust Financial Advisors Trims Stock Position in Capital Group International Focus Equity ETF $CGXU

Captrust Financial Advisors cut its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 4.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,883,153 shares of the company’s stock after selling 169,683 shares during the quarter. Captrust Financial Advisors’ holdings in Capital Group International Focus Equity ETF were worth $114,747,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. LPL Financial LLC increased its position in shares of Capital Group International Focus Equity ETF by 20.6% during the fourth quarter. LPL Financial LLC now owns 13,849,090 shares of the company’s stock worth $409,241,000 after acquiring an additional 2,364,368 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Capital Group International Focus Equity ETF by 3.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,587,943 shares of the company’s stock worth $224,224,000 after acquiring an additional 257,468 shares during the period. Wells Fargo & Company MN increased its position in shares of Capital Group International Focus Equity ETF by 3.9% during the fourth quarter. Wells Fargo & Company MN now owns 5,817,543 shares of the company’s stock worth $171,908,000 after acquiring an additional 221,029 shares during the period. Raymond James Financial Inc. increased its position in shares of Capital Group International Focus Equity ETF by 7.1% during the third quarter. Raymond James Financial Inc. now owns 5,145,515 shares of the company’s stock worth $152,410,000 after acquiring an additional 342,583 shares during the period. Finally, UBS Group AG increased its position in shares of Capital Group International Focus Equity ETF by 4.5% during the fourth quarter. UBS Group AG now owns 5,061,926 shares of the company’s stock worth $149,580,000 after acquiring an additional 218,918 shares during the period.

Capital Group International Focus Equity ETF Stock Performance

Shares of NYSEARCA:CGXU opened at $35.51 on Wednesday. The firm has a market cap of $6.15 billion, a PE ratio of 17.44 and a beta of 0.95. The firm’s 50 day simple moving average is $33.09 and its 200-day simple moving average is $31.47. Capital Group International Focus Equity ETF has a one year low of $26.08 and a one year high of $35.99.

Capital Group International Focus Equity ETF 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.