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

AdvisorNet Financial Inc raised its holdings in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 35.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 914,208 shares of the company’s stock after acquiring an additional 239,415 shares during the period. Capital Group International Focus Equity ETF comprises approximately 1.7% of AdvisorNet Financial Inc’s portfolio, making the stock its 9th biggest holding. AdvisorNet Financial Inc owned about 0.67% of Capital Group International Focus Equity ETF worth $22,380,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Capital Group International Focus Equity ETF in the fourth quarter worth approximately $107,675,000. LPL Financial LLC grew its holdings in shares of Capital Group International Focus Equity ETF by 64.0% in the fourth quarter. LPL Financial LLC now owns 3,866,749 shares of the company’s stock worth $95,393,000 after purchasing an additional 1,508,414 shares during the last quarter. Legacy CG LLC bought a new position in shares of Capital Group International Focus Equity ETF in the fourth quarter worth approximately $14,454,000. Hopwood Financial Services Inc. bought a new position in shares of Capital Group International Focus Equity ETF in the fourth quarter worth approximately $11,754,000. Finally, Captrust Financial Advisors grew its holdings in shares of 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 worth $236,218,000 after purchasing an additional 390,774 shares during the last quarter.

Capital Group International Focus Equity ETF Stock Performance

Shares of Capital Group International Focus Equity ETF stock opened at $26.51 on Friday. Capital Group International Focus Equity ETF has a 52-week low of $21.17 and a 52-week high of $27.52. The stock has a market capitalization of $3.65 billion, a price-to-earnings ratio of 17.67 and a beta of 0.91. The company’s 50 day moving average price is $24.70 and its 200-day moving average price is $25.29.

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.