Sovran Advisors LLC Sells 102,732 Shares of Capital Group International Focus Equity ETF $CGXU

Sovran Advisors LLC lowered its position in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 44.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 128,465 shares of the company’s stock after selling 102,732 shares during the period. Sovran Advisors LLC owned about 0.09% of Capital Group International Focus Equity ETF worth $3,485,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Roxbury Financial LLC bought a new stake in Capital Group International Focus Equity ETF during the second quarter worth about $31,000. Harbor Investment Advisory LLC bought a new stake in Capital Group International Focus Equity ETF during the second quarter worth about $42,000. Geneos Wealth Management Inc. lifted its stake in Capital Group International Focus Equity ETF by 76.2% during the first quarter. Geneos Wealth Management Inc. now owns 4,945 shares of the company’s stock worth $121,000 after purchasing an additional 2,139 shares during the last quarter. Stratos Wealth Partners LTD. bought a new stake in Capital Group International Focus Equity ETF during the first quarter worth about $204,000. Finally, Ameriflex Group Inc. bought a new stake in Capital Group International Focus Equity ETF during the fourth quarter worth about $205,000.

Capital Group International Focus Equity ETF Stock Down 0.2%

Shares of CGXU stock opened at $29.37 on Thursday. The business has a 50-day moving average price of $27.78 and a two-hundred day moving average price of $26.29. Capital Group International Focus Equity ETF has a 12-month low of $21.17 and a 12-month high of $29.57. The firm has a market cap of $4.06 billion, a P/E ratio of 17.44 and a beta of 0.94.

Capital Group International Focus Equity ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 1st. Stockholders of record on Monday, June 30th were issued a $0.2944 dividend. The ex-dividend date was Monday, June 30th.

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.