Sovran Advisors LLC Makes New $4.51 Million Investment in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Sovran Advisors LLC acquired a new position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 182,871 shares of the company’s stock, valued at approximately $4,506,000. Sovran Advisors LLC owned 0.20% of Capital Group International Focus Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Captrust Financial Advisors raised its position in shares of Capital Group International Focus Equity ETF by 10.5% in the third quarter. Captrust Financial Advisors now owns 9,184,315 shares of the company’s stock valued at $247,701,000 after purchasing an additional 869,364 shares during the period. Legacy CG LLC bought a new stake in shares of Capital Group International Focus Equity ETF in the fourth quarter valued at approximately $14,454,000. Cerity Partners LLC raised its position in shares of Capital Group International Focus Equity ETF by 17.8% in the third quarter. Cerity Partners LLC now owns 3,366,439 shares of the company’s stock valued at $90,793,000 after purchasing an additional 508,569 shares during the period. BetterWealth LLC bought a new stake in shares of Capital Group International Focus Equity ETF in the fourth quarter valued at approximately $10,785,000. Finally, International Assets Investment Management LLC raised its position in shares of Capital Group International Focus Equity ETF by 2,376.5% in the third quarter. International Assets Investment Management LLC now owns 447,379 shares of the company’s stock valued at $120,660,000 after purchasing an additional 429,314 shares during the period.

Capital Group International Focus Equity ETF Stock Up 0.9 %

NYSEARCA CGXU opened at $26.06 on Tuesday. The company’s 50 day moving average is $25.46 and its 200-day moving average is $25.88. Capital Group International Focus Equity ETF has a 12-month low of $23.56 and a 12-month high of $27.52. The firm has a market cap of $2.43 billion, a P/E 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.