Capital Group International Focus Equity ETF $CGXU Shares Acquired by Royal Bank of Canada

Royal Bank of Canada increased its position in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 3.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,282,122 shares of the company’s stock after purchasing an additional 152,742 shares during the quarter. Royal Bank of Canada’s holdings in Capital Group International Focus Equity ETF were worth $126,280,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Quantinno Capital Management LP bought a new stake in Capital Group International Focus Equity ETF during the first quarter valued at $327,000. Gateway Wealth Partners LLC acquired a new position in shares of Capital Group International Focus Equity ETF in the 1st quarter valued at about $775,000. Waverly Advisors LLC grew its position in shares of Capital Group International Focus Equity ETF by 111.1% during the 1st quarter. Waverly Advisors LLC now owns 14,484 shares of the company’s stock valued at $427,000 after buying an additional 7,623 shares during the last quarter. Compound Planning Inc. grew its position in shares of Capital Group International Focus Equity ETF by 30.3% during the 1st quarter. Compound Planning Inc. now owns 35,729 shares of the company’s stock valued at $1,054,000 after buying an additional 8,311 shares during the last quarter. Finally, CLG LLC grew its position in shares of Capital Group International Focus Equity ETF by 6.4% during the 1st quarter. CLG LLC now owns 132,943 shares of the company’s stock valued at $3,921,000 after buying an additional 7,956 shares during the last quarter.

Capital Group International Focus Equity ETF Stock Up 3.8%

CGXU opened at $33.65 on Friday. The company’s 50-day moving average price is $34.32 and its 200 day moving average price is $32.36. Capital Group International Focus Equity ETF has a fifty-two week low of $26.31 and a fifty-two week high of $36.27. The firm has a market cap of $6.26 billion, a price-to-earnings 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.