Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sets New 52-Week High – What’s Next?

Capital Group International Focus Equity ETF (NYSEARCA:CGXU)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $34.65 and last traded at $34.60, with a volume of 182366 shares traded. The stock had previously closed at $34.41.

Capital Group International Focus Equity ETF Stock Up 1.5%

The company has a 50 day moving average of $31.53 and a 200 day moving average of $30.96. The firm has a market cap of $6.04 billion, a price-to-earnings ratio of 17.44 and a beta of 0.93.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in CGXU. Sei Investments Co. boosted its stake in shares of Capital Group International Focus Equity ETF by 32.5% during the 2nd quarter. Sei Investments Co. now owns 1,346,418 shares of the company’s stock valued at $36,528,000 after buying an additional 330,454 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Capital Group International Focus Equity ETF by 84.8% during the 2nd quarter. Jane Street Group LLC now owns 478,812 shares of the company’s stock valued at $12,990,000 after buying an additional 219,662 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Capital Group International Focus Equity ETF by 14.7% during the 2nd quarter. Bank of America Corp DE now owns 1,574,420 shares of the company’s stock valued at $42,714,000 after buying an additional 201,744 shares during the last quarter. Great Valley Advisor Group Inc. boosted its stake in shares of Capital Group International Focus Equity ETF by 114.4% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 59,646 shares of the company’s stock valued at $1,618,000 after buying an additional 31,832 shares during the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of Capital Group International Focus Equity ETF by 2.0% during the 2nd quarter. MML Investors Services LLC now owns 1,005,152 shares of the company’s stock valued at $27,270,000 after buying an additional 20,038 shares during 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.