Merit Financial Group LLC Sells 986 Shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Merit Financial Group LLC trimmed its position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 3.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 31,620 shares of the company’s stock after selling 986 shares during the period. Merit Financial Group LLC’s holdings in Capital Group International Focus Equity ETF were worth $755,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of CGXU. Private Trust Co. NA acquired a new stake in shares of Capital Group International Focus Equity ETF in the 4th quarter valued at about $87,000. EverSource Wealth Advisors LLC raised its stake in shares of Capital Group International Focus Equity ETF by 57.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,944 shares of the company’s stock valued at $86,000 after purchasing an additional 1,434 shares during the period. Financial Perspectives Inc grew its holdings in shares of Capital Group International Focus Equity ETF by 25.6% in the 4th quarter. Financial Perspectives Inc now owns 6,268 shares of the company’s stock valued at $150,000 after acquiring an additional 1,278 shares in the last quarter. Concourse Financial Group Securities Inc. grew its holdings in shares of Capital Group International Focus Equity ETF by 9.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 8,634 shares of the company’s stock valued at $188,000 after acquiring an additional 733 shares in the last quarter. Finally, Grey Street Capital LLC bought a new position in shares of Capital Group International Focus Equity ETF in the 4th quarter valued at about $215,000.

Capital Group International Focus Equity ETF Stock Performance

Capital Group International Focus Equity ETF stock opened at $26.12 on Tuesday. Capital Group International Focus Equity ETF has a 52 week low of $20.80 and a 52 week high of $26.14. The stock has a market capitalization of $2.43 billion, a P/E ratio of 19.27 and a beta of 1.03. The stock has a 50-day simple moving average of $25.39 and a 200 day simple moving average of $23.97.

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.