Capital Group International Focus Equity ETF $CGXU Stock: Summit Investment Advisory Services LLC Boosts Holdings

Summit Investment Advisory Services LLC raised its position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 3.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 877,571 shares of the company’s stock after purchasing an additional 30,334 shares during the period. Capital Group International Focus Equity ETF comprises approximately 7.5% of Summit Investment Advisory Services LLC’s portfolio, making the stock its 5th biggest holding. Summit Investment Advisory Services LLC’s holdings in Capital Group International Focus Equity ETF were worth $30,092,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC increased its holdings in Capital Group International Focus Equity ETF by 3.2% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 58,889 shares of the company’s stock valued at $2,019,000 after acquiring an additional 1,799 shares in the last quarter. Birchwood Financial Partners Inc. grew its position in shares of Capital Group International Focus Equity ETF by 16.8% in the third quarter. Birchwood Financial Partners Inc. now owns 37,948 shares of the company’s stock valued at $1,301,000 after purchasing an additional 5,467 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Capital Group International Focus Equity ETF by 12.5% in the third quarter. Kestra Advisory Services LLC now owns 1,347,949 shares of the company’s stock valued at $46,221,000 after purchasing an additional 150,288 shares during the last quarter. Gutierrez Wealth Advisory LLC increased its stake in shares of Capital Group International Focus Equity ETF by 4.5% during the 3rd quarter. Gutierrez Wealth Advisory LLC now owns 295,797 shares of the company’s stock worth $10,143,000 after purchasing an additional 12,674 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of Capital Group International Focus Equity ETF by 4.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,331,966 shares of the company’s stock worth $114,253,000 after purchasing an additional 128,873 shares during the last quarter.

Capital Group International Focus Equity ETF Stock Performance

CGXU stock traded up $0.26 on Friday, reaching $30.34. The company had a trading volume of 1,247,163 shares, compared to its average volume of 966,684. The company’s fifty day moving average is $33.73 and its 200 day moving average is $32.98. The company has a market cap of $6.21 billion, a P/E ratio of 17.44 and a beta of 0.96. Capital Group International Focus Equity ETF has a 1 year low of $28.14 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.