Freedom Financial Partners LLC Trims Stock Position in Capital Group International Focus Equity ETF $CGXU

Freedom Financial Partners LLC cut its position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 23.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,481 shares of the company’s stock after selling 55,675 shares during the quarter. Capital Group International Focus Equity ETF comprises 1.9% of Freedom Financial Partners LLC’s investment portfolio, making the stock its 17th biggest position. Freedom Financial Partners LLC owned about 0.11% of Capital Group International Focus Equity ETF worth $5,440,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CGXU. LPL Financial LLC grew its position in shares of Capital Group International Focus Equity ETF by 20.6% during the 4th quarter. LPL Financial LLC now owns 13,849,090 shares of the company’s stock valued at $409,241,000 after purchasing an additional 2,364,368 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Capital Group International Focus Equity ETF by 3.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,587,943 shares of the company’s stock worth $224,224,000 after buying an additional 257,468 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Capital Group International Focus Equity ETF by 3.9% during the fourth quarter. Wells Fargo & Company MN now owns 5,817,543 shares of the company’s stock valued at $171,908,000 after buying an additional 221,029 shares during the period. Raymond James Financial Inc. boosted its stake in Capital Group International Focus Equity ETF by 0.9% during the fourth quarter. Raymond James Financial Inc. now owns 5,190,076 shares of the company’s stock valued at $153,367,000 after buying an additional 44,561 shares during the period. Finally, UBS Group AG grew its position in Capital Group International Focus Equity ETF by 4.5% during the fourth quarter. UBS Group AG now owns 5,061,926 shares of the company’s stock worth $149,580,000 after buying an additional 218,918 shares in the last quarter.

Capital Group International Focus Equity ETF Price Performance

Shares of NYSEARCA CGXU opened at $36.10 on Friday. The stock’s 50-day simple moving average is $33.42 and its two-hundred day simple moving average is $31.58. Capital Group International Focus Equity ETF has a twelve month low of $26.08 and a twelve month high of $36.27. The firm has a market capitalization of $6.25 billion, a P/E ratio of 17.44 and a beta of 0.95.

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.