Capital Group International Focus Equity ETF $CGXU Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC reduced its stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 55.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,852 shares of the company’s stock after selling 18,822 shares during the period. Lodestar Private Asset Management LLC’s holdings in Capital Group International Focus Equity ETF were worth $403,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group International Focus Equity ETF by 13.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,649,146 shares of the company’s stock worth $187,251,000 after buying an additional 921,451 shares during the period. LPL Financial LLC lifted its stake in shares of Capital Group International Focus Equity ETF by 84.8% during the first quarter. LPL Financial LLC now owns 7,146,522 shares of the company’s stock worth $174,947,000 after buying an additional 3,279,773 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Capital Group International Focus Equity ETF by 12.4% during the first quarter. Raymond James Financial Inc. now owns 4,906,682 shares of the company’s stock worth $120,116,000 after buying an additional 542,063 shares during the period. Royal Bank of Canada lifted its stake in shares of Capital Group International Focus Equity ETF by 5.2% during the first quarter. Royal Bank of Canada now owns 3,800,228 shares of the company’s stock worth $93,030,000 after buying an additional 186,266 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of Capital Group International Focus Equity ETF by 3.1% during the first quarter. Cerity Partners LLC now owns 3,533,369 shares of the company’s stock worth $86,497,000 after buying an additional 105,539 shares during the period.

Capital Group International Focus Equity ETF Trading Down 3.0%

NYSEARCA:CGXU opened at $29.32 on Monday. Capital Group International Focus Equity ETF has a 12 month low of $21.17 and a 12 month high of $30.54. The firm has a fifty day simple moving average of $28.67 and a 200-day simple moving average of $26.78. The company has a market capitalization of $4.12 billion, a P/E ratio of 17.44 and a beta of 0.94.

About Capital Group International Focus Equity ETF

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.