Summit Investment Advisory Services LLC Has $25.09 Million Stock Position in Capital Group International Focus Equity ETF $CGXU

Summit Investment Advisory Services LLC grew its position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 2,182.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 850,782 shares of the company’s stock after purchasing an additional 813,514 shares during the period. Capital Group International Focus Equity ETF comprises approximately 9.3% of Summit Investment Advisory Services LLC’s holdings, making the stock its 4th biggest holding. Summit Investment Advisory Services LLC owned about 0.49% of Capital Group International Focus Equity ETF worth $25,090,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Brown Miller Wealth Management LLC increased its position in shares of Capital Group International Focus Equity ETF by 15.7% during the 1st quarter. Brown Miller Wealth Management LLC now owns 216,462 shares of the company’s stock worth $6,383,000 after purchasing an additional 29,355 shares in the last quarter. Continuum Advisory LLC lifted its holdings in Capital Group International Focus Equity ETF by 25.8% during the 1st quarter. Continuum Advisory LLC now owns 155,139 shares of the company’s stock valued at $4,575,000 after purchasing an additional 31,821 shares during the last quarter. Vicus Capital boosted its position in Capital Group International Focus Equity ETF by 22.2% in the first quarter. Vicus Capital now owns 24,134 shares of the company’s stock valued at $712,000 after buying an additional 4,389 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in Capital Group International Focus Equity ETF in the first quarter valued at about $237,000. Finally, Janney Montgomery Scott LLC grew its stake in Capital Group International Focus Equity ETF by 0.3% during the first quarter. Janney Montgomery Scott LLC now owns 1,191,618 shares of the company’s stock worth $35,141,000 after buying an additional 3,756 shares during the last quarter.

Capital Group International Focus Equity ETF Trading Down 0.1%

Shares of Capital Group International Focus Equity ETF stock opened at $34.62 on Wednesday. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 17.44 and a beta of 0.95. The firm’s 50-day moving average price is $33.84 and its two-hundred day moving average price is $31.82. Capital Group International Focus Equity ETF has a 1-year low of $26.31 and a 1-year high of $36.27.

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.