Gateway Wealth Partners LLC Takes Position in Capital Group International Focus Equity ETF $CGXU

Gateway Wealth Partners LLC purchased a new stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 26,275 shares of the company’s stock, valued at approximately $775,000.

A number of other institutional investors have also added to or reduced their stakes in CGXU. LPL Financial LLC boosted its position in Capital Group International Focus Equity ETF by 20.6% in the fourth quarter. LPL Financial LLC now owns 13,849,090 shares of the company’s stock valued at $409,241,000 after buying an additional 2,364,368 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group International Focus Equity ETF by 3.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,587,943 shares of the company’s stock valued at $224,224,000 after acquiring an additional 257,468 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Capital Group International Focus Equity ETF by 3.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,817,543 shares of the company’s stock valued at $171,908,000 after acquiring an additional 221,029 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Capital Group International Focus Equity ETF by 0.9% in the 4th quarter. Raymond James Financial Inc. now owns 5,190,076 shares of the company’s stock valued at $153,367,000 after acquiring an additional 44,561 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of Capital Group International Focus Equity ETF by 4.5% during the 4th quarter. UBS Group AG now owns 5,061,926 shares of the company’s stock valued at $149,580,000 after acquiring an additional 218,918 shares in the last quarter.

Capital Group International Focus Equity ETF Stock Down 1.4%

Shares of CGXU stock opened at $32.43 on Thursday. The firm has a market capitalization of $6.03 billion, a P/E ratio of 17.44 and a beta of 0.94. Capital Group International Focus Equity ETF has a twelve month low of $26.31 and a twelve month high of $36.27. The stock’s fifty day simple moving average is $34.32 and its 200 day simple moving average is $32.35.

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.