Summit Investment Advisory Services LLC Grows Stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Summit Investment Advisory Services LLC boosted its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 34.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,735 shares of the company’s stock after acquiring an additional 5,009 shares during the quarter. Summit Investment Advisory Services LLC’s holdings in Capital Group International Focus Equity ETF were worth $487,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CGXU. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group International Focus Equity ETF by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,669,797 shares of the company’s stock worth $145,827,000 after purchasing an additional 245,418 shares during the period. NewEdge Advisors LLC lifted its stake in Capital Group International Focus Equity ETF by 105.8% in the second quarter. NewEdge Advisors LLC now owns 715,953 shares of the company’s stock worth $18,414,000 after purchasing an additional 367,981 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Capital Group International Focus Equity ETF by 33.1% during the second quarter. Cetera Investment Advisers now owns 1,105,442 shares of the company’s stock valued at $28,432,000 after buying an additional 274,987 shares during the period. Souders Financial Advisors grew its stake in shares of Capital Group International Focus Equity ETF by 3.6% during the second quarter. Souders Financial Advisors now owns 474,830 shares of the company’s stock valued at $12,213,000 after buying an additional 16,279 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Capital Group International Focus Equity ETF in the second quarter worth approximately $895,000.

Capital Group International Focus Equity ETF Stock Up 0.3 %

CGXU opened at $25.94 on Friday. The business has a fifty day moving average of $25.44 and a 200 day moving average of $25.92. The stock has a market cap of $2.42 billion, a P/E ratio of 19.27 and a beta of 1.03. Capital Group International Focus Equity ETF has a 52-week low of $23.56 and a 52-week high of $27.52.

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.