Capital Group International Focus Equity ETF $CGXU Stock: Summit Wealth Group LLC Co. Raises Stake

Summit Wealth Group LLC Co. boosted its stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 318.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,306 shares of the company’s stock after buying an additional 57,296 shares during the period. Summit Wealth Group LLC Co.’s holdings in Capital Group International Focus Equity ETF were worth $2,582,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Kuhn & Co Investment Counsel grew its position in Capital Group International Focus Equity ETF by 3.8% in the 3rd quarter. Kuhn & Co Investment Counsel now owns 48,963 shares of the company’s stock worth $1,679,000 after purchasing an additional 1,808 shares during the last quarter. Landaas & Co. WI ADV increased its stake in shares of Capital Group International Focus Equity ETF by 6.3% in the third quarter. Landaas & Co. WI ADV now owns 102,578 shares of the company’s stock valued at $3,517,000 after purchasing an additional 6,091 shares during the period. SilverOak Wealth Management LLC raised its holdings in shares of Capital Group International Focus Equity ETF by 14.9% during the third quarter. SilverOak Wealth Management LLC now owns 33,466 shares of the company’s stock valued at $1,148,000 after buying an additional 4,337 shares during the last quarter. BNB Wealth Management LLC raised its holdings in shares of Capital Group International Focus Equity ETF by 127.6% during the third quarter. BNB Wealth Management LLC now owns 17,153 shares of the company’s stock valued at $588,000 after buying an additional 9,618 shares during the last quarter. Finally, Summit Global Investments raised its holdings in shares of Capital Group International Focus Equity ETF by 41.7% during the third quarter. Summit Global Investments now owns 9,149 shares of the company’s stock valued at $314,000 after buying an additional 2,691 shares during the last quarter.

Capital Group International Focus Equity ETF Trading Down 0.0%

Shares of NYSEARCA CGXU opened at $31.37 on Tuesday. The stock has a 50 day simple moving average of $34.07 and a 200-day simple moving average of $32.98. The company has a market cap of $6.38 billion, a PE ratio of 17.44 and a beta of 0.95. Capital Group International Focus Equity ETF has a 12-month low of $28.14 and a 12-month 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.