Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sets New 12-Month High – What’s Next?

Shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXUGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $35.96 and last traded at $35.92, with a volume of 55710 shares. The stock had previously closed at $35.80.

Capital Group International Focus Equity ETF Stock Performance

The firm has a market capitalization of $6.22 billion, a PE ratio of 17.44 and a beta of 0.95. The stock’s 50-day simple moving average is $32.97 and its 200-day simple moving average is $31.42.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

A number of institutional investors have recently bought and sold shares of CGXU. Parallel Advisors LLC purchased a new stake in Capital Group International Focus Equity ETF in the first quarter worth about $68,000. NewEdge Advisors LLC grew its holdings in shares of Capital Group International Focus Equity ETF by 12.1% during the 1st quarter. NewEdge Advisors LLC now owns 675,477 shares of the company’s stock worth $19,920,000 after acquiring an additional 72,846 shares during the period. Cozad Asset Management Inc. raised its position in shares of Capital Group International Focus Equity ETF by 24.4% in the 1st quarter. Cozad Asset Management Inc. now owns 10,476 shares of the company’s stock worth $309,000 after acquiring an additional 2,056 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new position in Capital Group International Focus Equity ETF during the first quarter valued at $6,321,000. Finally, J. Derek Lewis & Associates Inc. boosted its stake in Capital Group International Focus Equity ETF by 32.3% during the first quarter. J. Derek Lewis & Associates Inc. now owns 139,229 shares of the company’s stock worth $4,122,000 after acquiring an additional 34,023 shares in the last quarter.

About Capital Group International Focus Equity ETF

(Get Free Report)

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.

Further Reading

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