Farther Finance Advisors LLC Takes Position in Capital Group International Focus Equity ETF $CGXU

Farther Finance Advisors LLC purchased a new stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,158 shares of the company’s stock, valued at approximately $86,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in Capital Group International Focus Equity ETF by 13.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,649,146 shares of the company’s stock worth $187,251,000 after purchasing an additional 921,451 shares during the period. LPL Financial LLC boosted its position 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. boosted its position 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 boosted its position in Capital Group International Focus Equity ETF by 5.2% during the 1st quarter. Royal Bank of Canada now owns 3,800,228 shares of the company’s stock worth $93,030,000 after acquiring an additional 186,266 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in Capital Group International Focus Equity ETF by 3.1% during the 1st quarter. Cerity Partners LLC now owns 3,533,369 shares of the company’s stock worth $86,497,000 after acquiring an additional 105,539 shares during the last quarter.

Capital Group International Focus Equity ETF Stock Up 1.0%

NYSEARCA:CGXU opened at $30.34 on Friday. Capital Group International Focus Equity ETF has a twelve month low of $21.17 and a twelve month high of $30.40. The business has a 50 day moving average price of $28.35 and a two-hundred day moving average price of $26.62. The company has a market cap of $4.25 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.