Procyon Advisors LLC Trims Stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Procyon Advisors LLC cut its position in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 7.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 565,061 shares of the company’s stock after selling 45,024 shares during the period. Capital Group International Focus Equity ETF makes up 1.1% of Procyon Advisors LLC’s portfolio, making the stock its 19th largest holding. Procyon Advisors LLC’s holdings in Capital Group International Focus Equity ETF were worth $13,488,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in CGXU. ST Germain D J Co. Inc. purchased a new position in shares of Capital Group International Focus Equity ETF during the second quarter valued at approximately $67,000. PNC Financial Services Group Inc. purchased a new position in Capital Group International Focus Equity ETF during the 2nd quarter valued at $68,000. EverSource Wealth Advisors LLC grew its position in Capital Group International Focus Equity ETF by 57.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,944 shares of the company’s stock valued at $86,000 after acquiring an additional 1,434 shares during the last quarter. Comerica Bank purchased a new stake in Capital Group International Focus Equity ETF in the third quarter worth $114,000. Finally, Royal Bank of Canada bought a new stake in shares of Capital Group International Focus Equity ETF during the first quarter worth $139,000.

Capital Group International Focus Equity ETF Trading Up 0.2 %

Shares of CGXU traded up $0.05 during trading hours on Thursday, reaching $25.82. 39,462 shares of the company traded hands, compared to its average volume of 614,939. The stock’s fifty day moving average price is $24.68 and its 200 day moving average price is $23.26. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 14.37 and a beta of 0.94. Capital Group International Focus Equity ETF has a 12-month low of $20.80 and a 12-month high of $25.83.

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.