Freedom Investment Management Inc. Takes $224,000 Position in Capital Group International Focus Equity ETF $CGXU

Freedom Investment Management Inc. acquired a new stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,268 shares of the company’s stock, valued at approximately $224,000.

Several other institutional investors also recently bought and sold shares of CGXU. Roxbury Financial LLC purchased a new position in Capital Group International Focus Equity ETF during the second quarter valued at approximately $31,000. IFP Advisors Inc increased its holdings in Capital Group International Focus Equity ETF by 114.2% during the second quarter. IFP Advisors Inc now owns 1,176 shares of the company’s stock valued at $32,000 after buying an additional 627 shares during the period. Harbor Investment Advisory LLC purchased a new position in Capital Group International Focus Equity ETF during the second quarter valued at approximately $42,000. UMB Bank n.a. purchased a new position in Capital Group International Focus Equity ETF during the second quarter valued at approximately $45,000. Finally, Beacon Capital Management LLC purchased a new position in Capital Group International Focus Equity ETF during the second quarter valued at approximately $75,000.

Capital Group International Focus Equity ETF Stock Up 1.4%

Shares of CGXU stock opened at $30.92 on Tuesday. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92. The company’s 50 day moving average is $29.27 and its 200 day moving average is $27.32. Capital Group International Focus Equity ETF has a 52-week low of $21.17 and a 52-week high of $30.92.

Capital Group International Focus Equity ETF 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.