Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Reaches New 52-Week High – Here’s Why

Capital Group International Focus Equity ETF (NYSEARCA:CGXU)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $29.43 and last traded at $29.42, with a volume of 1162272 shares. The stock had previously closed at $29.29.

Capital Group International Focus Equity ETF Stock Up 0.3%

The business’s fifty day simple moving average is $27.82 and its two-hundred day simple moving average is $26.31. The company has a market cap of $4.07 billion, a price-to-earnings ratio of 17.44 and a beta of 0.94.

Capital Group International Focus Equity ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 30th were issued a dividend of $0.2944 per share. The ex-dividend date of this dividend was Monday, June 30th.

Institutional Trading of Capital Group International Focus Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. US Bancorp DE raised its holdings in Capital Group International Focus Equity ETF by 1.2% during the second quarter. US Bancorp DE now owns 33,180 shares of the company’s stock worth $900,000 after purchasing an additional 379 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in Capital Group International Focus Equity ETF by 3.8% during the second quarter. J.W. Cole Advisors Inc. now owns 10,512 shares of the company’s stock worth $285,000 after purchasing an additional 387 shares in the last quarter. Orca Wealth Management LLC raised its holdings in Capital Group International Focus Equity ETF by 3.7% during the second quarter. Orca Wealth Management LLC now owns 12,436 shares of the company’s stock worth $337,000 after purchasing an additional 444 shares in the last quarter. Trilogy Capital Inc. raised its holdings in Capital Group International Focus Equity ETF by 4.1% during the first quarter. Trilogy Capital Inc. now owns 12,309 shares of the company’s stock worth $301,000 after purchasing an additional 487 shares in the last quarter. Finally, Choreo LLC raised its holdings in Capital Group International Focus Equity ETF by 1.8% during the second quarter. Choreo LLC now owns 27,786 shares of the company’s stock worth $762,000 after purchasing an additional 502 shares in the last quarter.

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.