Advance Capital Management Inc. Buys Shares of 1,268,037 Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Advance Capital Management Inc. bought a new stake in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,268,037 shares of the company’s stock, valued at approximately $29,824,000. Capital Group International Focus Equity ETF makes up about 3.4% of Advance Capital Management Inc.’s holdings, making the stock its 5th biggest holding. Advance Capital Management Inc. owned about 2.34% of Capital Group International Focus Equity ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in CGXU. Wells Fargo & Company MN purchased a new position in Capital Group International Focus Equity ETF during the 4th quarter valued at about $23,609,000. Captrust Financial Advisors boosted its position in shares of Capital Group International Focus Equity ETF by 30.5% during the 4th quarter. Captrust Financial Advisors now owns 4,475,669 shares of the company’s stock valued at $93,228,000 after acquiring an additional 1,045,154 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group International Focus Equity ETF by 48.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,915,836 shares of the company’s stock valued at $60,737,000 after acquiring an additional 951,961 shares during the last quarter. Capital International Investors bought a new stake in shares of Capital Group International Focus Equity ETF during the 1st quarter valued at about $22,789,000. Finally, UBS Group AG boosted its position in shares of Capital Group International Focus Equity ETF by 28.3% during the 1st quarter. UBS Group AG now owns 3,084,689 shares of the company’s stock valued at $71,534,000 after acquiring an additional 680,060 shares during the last quarter.

Capital Group International Focus Equity ETF Trading Down 0.5 %

Shares of CGXU opened at $22.45 on Thursday. The company has a market cap of $1.44 billion, a PE ratio of 14.37 and a beta of 0.94. The stock has a 50-day moving average price of $23.23 and a 200-day moving average price of $23.08. Capital Group International Focus Equity ETF has a 12-month low of $18.28 and a 12-month high of $24.47.

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.