ERn Financial LLC Raises Stock Holdings in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

ERn Financial LLC boosted its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 38.3% during the first quarter, Holdings Channel.com reports. The firm owned 42,025 shares of the company’s stock after purchasing an additional 11,645 shares during the quarter. ERn Financial LLC’s holdings in Capital Group International Focus Equity ETF were worth $1,029,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Capital Group International Focus Equity ETF during the fourth quarter valued at about $107,675,000. LPL Financial LLC raised its stake in shares of Capital Group International Focus Equity ETF by 64.0% during the 4th quarter. LPL Financial LLC now owns 3,866,749 shares of the company’s stock worth $95,393,000 after acquiring an additional 1,508,414 shares in the last quarter. Hopwood Financial Services Inc. purchased a new stake in Capital Group International Focus Equity ETF during the fourth quarter valued at approximately $11,754,000. Captrust Financial Advisors boosted its stake in Capital Group International Focus Equity ETF by 4.3% in the fourth quarter. Captrust Financial Advisors now owns 9,575,089 shares of the company’s stock valued at $236,218,000 after acquiring an additional 390,774 shares in the last quarter. Finally, Gutierrez Wealth Advisory LLC acquired a new stake in Capital Group International Focus Equity ETF in the fourth quarter valued at approximately $7,762,000.

Capital Group International Focus Equity ETF Trading Down 0.1%

NYSEARCA CGXU opened at $26.39 on Thursday. The firm’s fifty day simple moving average is $25.52 and its two-hundred day simple moving average is $25.39. The firm has a market capitalization of $3.67 billion, a P/E ratio of 17.67 and a beta of 0.91. Capital Group International Focus Equity ETF has a 12-month low of $21.17 and a 12-month high of $27.52.

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.