Gateway Wealth Partners LLC Makes New $775,000 Investment in Capital Group International Focus Equity ETF $CGXU

Gateway Wealth Partners LLC purchased a new stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,275 shares of the company’s stock, valued at approximately $775,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. LPL Financial LLC raised its stake in shares of Capital Group International Focus Equity ETF by 20.6% during the fourth quarter. LPL Financial LLC now owns 13,849,090 shares of the company’s stock valued at $409,241,000 after acquiring an additional 2,364,368 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Capital Group International Focus Equity ETF by 3.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,587,943 shares of the company’s stock worth $224,224,000 after purchasing an additional 257,468 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Capital Group International Focus Equity ETF by 3.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,817,543 shares of the company’s stock valued at $171,908,000 after purchasing an additional 221,029 shares during the period. Raymond James Financial Inc. increased its holdings in Capital Group International Focus Equity ETF by 0.9% in the fourth quarter. Raymond James Financial Inc. now owns 5,190,076 shares of the company’s stock valued at $153,367,000 after purchasing an additional 44,561 shares during the period. Finally, UBS Group AG raised its position in Capital Group International Focus Equity ETF by 4.5% during the 4th quarter. UBS Group AG now owns 5,061,926 shares of the company’s stock worth $149,580,000 after purchasing an additional 218,918 shares during the last quarter.

Capital Group International Focus Equity ETF Trading Down 1.4%

Shares of CGXU opened at $32.43 on Thursday. The company has a market capitalization of $6.03 billion, a PE ratio of 17.44 and a beta of 0.94. Capital Group International Focus Equity ETF has a 12 month low of $26.31 and a 12 month high of $36.27. The stock’s 50-day moving average price is $34.32 and its two-hundred day moving average price is $32.35.

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.