Sagespring Wealth Partners LLC Purchases New Stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Sagespring Wealth Partners LLC acquired a new position in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 34,859 shares of the company’s stock, valued at approximately $860,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CGXU. Raymond James Financial Inc. bought a new stake in Capital Group International Focus Equity ETF in the 4th quarter valued at $107,675,000. LPL Financial LLC boosted its position in shares of Capital Group International Focus Equity ETF by 64.0% in the fourth quarter. LPL Financial LLC now owns 3,866,749 shares of the company’s stock valued at $95,393,000 after acquiring an additional 1,508,414 shares during the period. Legacy CG LLC acquired a new position in shares of Capital Group International Focus Equity ETF in the fourth quarter valued at about $14,454,000. Hopwood Financial Services Inc. bought a new position in Capital Group International Focus Equity ETF during the fourth quarter worth about $11,754,000. Finally, BetterWealth LLC acquired a new stake in Capital Group International Focus Equity ETF in the 4th quarter worth about $10,785,000.

Capital Group International Focus Equity ETF Stock Up 2.3 %

Shares of NYSEARCA:CGXU opened at $23.10 on Monday. Capital Group International Focus Equity ETF has a 12-month low of $21.17 and a 12-month high of $27.52. The company’s 50 day moving average price is $25.12 and its two-hundred day moving average price is $25.58. The firm has a market cap of $3.13 billion, a PE ratio of 20.96 and a beta of 0.91.

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.