BetterWealth LLC Takes $10.79 Million Position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

BetterWealth LLC acquired a new position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 437,165 shares of the company’s stock, valued at approximately $10,785,000. Capital Group International Focus Equity ETF comprises 3.0% of BetterWealth LLC’s portfolio, making the stock its 9th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGXU. JPMorgan Chase & Co. increased its holdings in shares of Capital Group International Focus Equity ETF by 6.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 278,732 shares of the company’s stock worth $7,517,000 after purchasing an additional 15,691 shares in the last quarter. Souders Financial Advisors increased its holdings in Capital Group International Focus Equity ETF by 3.6% in the 2nd quarter. Souders Financial Advisors now owns 474,830 shares of the company’s stock worth $12,213,000 after buying an additional 16,279 shares in the last quarter. Natixis Advisors LLC increased its holdings in Capital Group International Focus Equity ETF by 2.8% in the 3rd quarter. Natixis Advisors LLC now owns 28,756 shares of the company’s stock worth $776,000 after buying an additional 783 shares in the last quarter. Cetera Investment Advisers raised its position in Capital Group International Focus Equity ETF by 33.1% in the 2nd quarter. Cetera Investment Advisers now owns 1,105,442 shares of the company’s stock worth $28,432,000 after buying an additional 274,987 shares during the last quarter. Finally, Daymark Wealth Partners LLC lifted its stake in Capital Group International Focus Equity ETF by 15.1% during the 3rd quarter. Daymark Wealth Partners LLC now owns 334,214 shares of the company’s stock valued at $9,014,000 after acquiring an additional 43,951 shares during the period.

Capital Group International Focus Equity ETF Stock Up 0.3 %

Shares of CGXU stock opened at $25.69 on Wednesday. The company has a 50 day moving average price of $25.45 and a 200-day moving average price of $25.90. Capital Group International Focus Equity ETF has a 52 week low of $23.56 and a 52 week high of $27.52. The firm has a market capitalization of $2.39 billion, a PE ratio of 19.27 and a beta of 1.03.

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.