Bridgewealth Advisory Group LLC Boosts Stock Position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Bridgewealth Advisory Group LLC boosted its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 404.0% in the first quarter, Holdings Channel reports. The fund owned 168,628 shares of the company’s stock after purchasing an additional 135,169 shares during the period. Capital Group International Focus Equity ETF accounts for about 2.1% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 16th biggest position. Bridgewealth Advisory Group LLC’s holdings in Capital Group International Focus Equity ETF were worth $4,347,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. ICA Group Wealth Management LLC acquired a new stake in shares of Capital Group International Focus Equity ETF during the fourth quarter worth $42,000. Mather Group LLC. acquired a new stake in shares of Capital Group International Focus Equity ETF in the 1st quarter worth $66,000. Signature Resources Capital Management LLC purchased a new stake in shares of Capital Group International Focus Equity ETF in the fourth quarter valued at about $82,000. Private Trust Co. NA acquired a new position in shares of Capital Group International Focus Equity ETF during the fourth quarter worth about $87,000. Finally, ST Germain D J Co. Inc. raised its holdings in Capital Group International Focus Equity ETF by 19.7% during the first quarter. ST Germain D J Co. Inc. now owns 4,299 shares of the company’s stock worth $111,000 after purchasing an additional 708 shares in the last quarter.

Capital Group International Focus Equity ETF Stock Performance

NYSEARCA:CGXU traded down $0.04 during mid-day trading on Monday, reaching $25.68. The stock had a trading volume of 401,031 shares, compared to its average volume of 577,892. Capital Group International Focus Equity ETF has a twelve month low of $20.80 and a twelve month high of $26.78. The business has a 50 day simple moving average of $25.98 and a 200 day simple moving average of $25.06. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 19.27 and a beta of 1.03.

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.