Commonwealth Equity Services LLC Sells 83,406 Shares of Capital Group International Focus Equity ETF $CGXU

Commonwealth Equity Services LLC reduced its position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 2.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,939,691 shares of the company’s stock after selling 83,406 shares during the period. Commonwealth Equity Services LLC owned approximately 2.13% of Capital Group International Focus Equity ETF worth $79,754,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of CGXU. Mason Investment Advisory Services Inc. raised its holdings in Capital Group International Focus Equity ETF by 43.0% during the second quarter. Mason Investment Advisory Services Inc. now owns 303,769 shares of the company’s stock worth $8,241,000 after buying an additional 91,345 shares during the last quarter. Fullcircle Wealth LLC grew its holdings in shares of Capital Group International Focus Equity ETF by 10.0% during the second quarter. Fullcircle Wealth LLC now owns 48,845 shares of the company’s stock valued at $1,311,000 after buying an additional 4,428 shares during the last quarter. Bridgewealth Advisory Group LLC increased its position in shares of Capital Group International Focus Equity ETF by 497.0% during the second quarter. Bridgewealth Advisory Group LLC now owns 307,193 shares of the company’s stock worth $8,334,000 after acquiring an additional 255,736 shares in the last quarter. IFG Advisory LLC increased its position in shares of Capital Group International Focus Equity ETF by 66.3% during the second quarter. IFG Advisory LLC now owns 23,221 shares of the company’s stock worth $630,000 after acquiring an additional 9,259 shares in the last quarter. Finally, Assetmark Inc. acquired a new stake in shares of Capital Group International Focus Equity ETF in the 2nd quarter worth about $64,000.

Capital Group International Focus Equity ETF Stock Performance

CGXU stock opened at $30.02 on Friday. The business has a 50-day simple moving average of $29.66 and a two-hundred day simple moving average of $27.70. The company has a market capitalization of $4.27 billion, a P/E ratio of 17.44 and a beta of 0.92. Capital Group International Focus Equity ETF has a 52-week low of $21.17 and a 52-week high of $31.26.

Capital Group International Focus Equity ETF 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.