Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Stake Decreased by SOL Capital Management CO

SOL Capital Management CO lessened its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 3.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 907,683 shares of the company’s stock after selling 35,080 shares during the quarter. Capital Group International Focus Equity ETF makes up about 2.5% of SOL Capital Management CO’s portfolio, making the stock its 3rd largest position. SOL Capital Management CO’s holdings in Capital Group International Focus Equity ETF were worth $22,393,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CGXU. 1620 Investment Advisors Inc. bought a new position in shares of Capital Group International Focus Equity ETF during the 3rd quarter valued at approximately $27,000. Geneos Wealth Management Inc. lifted its stake in Capital Group International Focus Equity ETF by 81.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,806 shares of the company’s stock valued at $69,000 after purchasing an additional 1,258 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Capital Group International Focus Equity ETF by 124.6% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,885 shares of the company’s stock valued at $186,000 after purchasing an additional 3,819 shares during the period. Adamsbrown Wealth Consultants LLC purchased a new stake in Capital Group International Focus Equity ETF in the third quarter worth $204,000. Finally, Concourse Financial Group Securities Inc. raised its stake in shares of Capital Group International Focus Equity ETF by 42.4% in the third quarter. Concourse Financial Group Securities Inc. now owns 7,816 shares of the company’s stock valued at $211,000 after buying an additional 2,327 shares during the period.

Capital Group International Focus Equity ETF Price Performance

Shares of NYSEARCA CGXU opened at $26.04 on Friday. The business’s fifty day moving average price is $25.47 and its 200-day moving average price is $25.90. Capital Group International Focus Equity ETF has a one year low of $23.56 and a one year high of $27.52. The stock has a market capitalization of $2.43 billion, a PE ratio of 19.27 and a beta of 1.03.

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.