TKG Advisors LLC Trims Holdings in Capital Group International Focus Equity ETF $CGXU

TKG Advisors LLC trimmed its position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 30.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 186,234 shares of the company’s stock after selling 80,585 shares during the period. Capital Group International Focus Equity ETF comprises about 2.3% of TKG Advisors LLC’s investment portfolio, making the stock its 18th largest position. TKG Advisors LLC’s holdings in Capital Group International Focus Equity ETF were worth $5,053,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Roxbury Financial LLC purchased a new position in shares of Capital Group International Focus Equity ETF during the second quarter valued at approximately $31,000. IFP Advisors Inc lifted its stake in shares of Capital Group International Focus Equity ETF by 114.2% during the 2nd quarter. IFP Advisors Inc now owns 1,176 shares of the company’s stock worth $32,000 after purchasing an additional 627 shares during the period. Harbor Investment Advisory LLC purchased a new position in shares of Capital Group International Focus Equity ETF during the 2nd quarter worth $42,000. UMB Bank n.a. purchased a new position in shares of Capital Group International Focus Equity ETF during the 2nd quarter worth $45,000. Finally, Assetmark Inc. purchased a new position in shares of Capital Group International Focus Equity ETF during the 2nd quarter worth $64,000.

Capital Group International Focus Equity ETF Trading Down 2.2%

NYSEARCA CGXU opened at $30.11 on Wednesday. The business’s 50-day moving average price is $29.59 and its 200 day moving average price is $27.67. Capital Group International Focus Equity ETF has a twelve month low of $21.17 and a twelve month high of $31.26. The company has a market capitalization of $4.29 billion, a PE ratio of 17.44 and a beta of 0.92.

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.