Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sees Large Volume Increase – What’s Next?

Shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw strong trading volume on Tuesday . 319,415 shares traded hands during trading, a decline of 39% from the previous session’s volume of 519,926 shares.The stock last traded at $25.14 and had previously closed at $25.40.

Capital Group International Focus Equity ETF Stock Down 0.6 %

The company has a 50 day moving average price of $26.37 and a 200-day moving average price of $26.15. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 19.27 and a beta of 1.03.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

Several large investors have recently modified their holdings of the business. 1620 Investment Advisors Inc. acquired a new stake in Capital Group International Focus Equity ETF during the 3rd quarter valued at approximately $27,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Capital Group International Focus Equity ETF during the second quarter worth $28,000. Transcendent Capital Group LLC raised its stake in Capital Group International Focus Equity ETF by 3,484.7% during the second quarter. Transcendent Capital Group LLC now owns 3,047 shares of the company’s stock worth $78,000 after buying an additional 2,962 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Capital Group International Focus Equity ETF in the second quarter valued at $79,000. Finally, WR Wealth Planners LLC boosted its position in Capital Group International Focus Equity ETF by 51.4% during the second quarter. WR Wealth Planners LLC now owns 4,510 shares of the company’s stock valued at $116,000 after acquiring an additional 1,532 shares during the last quarter.

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.