Capital Group International Focus Equity ETF (NYSEARCA:CGXU – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 682,122 shares, a decrease of 86.9% from the August 15th total of 5,191,198 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 803,052 shares, the days-to-cover ratio is currently 0.8 days.
Institutional Investors Weigh In On Capital Group International Focus Equity ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of Capital Group International Focus Equity ETF by 20.6% in the 4th 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 period. Summit Investment Advisory Services LLC raised its stake in shares of Capital Group International Focus Equity ETF by 2,182.9% in the first quarter. Summit Investment Advisory Services LLC now owns 850,782 shares of the company’s stock worth $25,090,000 after purchasing an additional 813,514 shares during the last quarter. Bank of America Corp DE raised its position in Capital Group International Focus Equity ETF by 35.3% during the 1st quarter. Bank of America Corp DE now owns 2,854,990 shares of the company’s stock worth $84,194,000 after buying an additional 744,144 shares during the last quarter. Cooper Financial Group acquired a new position in shares of Capital Group International Focus Equity ETF in the 2nd quarter valued at about $23,002,000. Finally, Corient Private Wealth LP boosted its position in Capital Group International Focus Equity ETF by 95.5% in the 2nd quarter. Corient Private Wealth LP now owns 866,140 shares of the company’s stock worth $29,996,000 after purchasing an additional 423,136 shares in the last quarter.
Capital Group International Focus Equity ETF Trading Up 1.3%
CGXU stock traded up $0.45 during trading on Friday, reaching $35.32. The stock had a trading volume of 1,206,919 shares, compared to its average volume of 938,445. The stock’s 50 day moving average is $34.43 and its two-hundred day moving average is $33.08. Capital Group International Focus Equity ETF has a 52 week low of $28.14 and a 52 week high of $36.27. The firm has a market cap of $6.58 billion, a PE ratio of 17.44 and a beta of 0.95.
Capital Group International Focus Equity ETF Announces Dividend
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.
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