Pines Wealth Management LLC Makes New $946,000 Investment in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Pines Wealth Management LLC purchased a new stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the 4th quarter, Holdings Channel.com reports. The firm purchased 38,270 shares of the company’s stock, valued at approximately $946,000.

A number of other institutional investors have also modified their holdings of the business. 1620 Investment Advisors Inc. acquired a new position in Capital Group International Focus Equity ETF in the third quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Capital Group International Focus Equity ETF by 124.6% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,885 shares of the company’s stock worth $186,000 after purchasing an additional 3,819 shares during the last quarter. Adamsbrown Wealth Consultants LLC acquired a new position in Capital Group International Focus Equity ETF during the 3rd quarter valued at approximately $204,000. Concourse Financial Group Securities Inc. grew its stake in Capital Group International Focus Equity ETF by 42.4% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 7,816 shares of the company’s stock worth $211,000 after buying an additional 2,327 shares during the last quarter. Finally, OneDigital Investment Advisors LLC acquired a new stake in Capital Group International Focus Equity ETF in the third quarter worth $227,000.

Capital Group International Focus Equity ETF Stock Performance

CGXU stock opened at $24.64 on Wednesday. Capital Group International Focus Equity ETF has a 1 year low of $23.00 and a 1 year high of $27.52. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of 19.27 and a beta of 1.03. The stock’s fifty day moving average is $25.54 and its two-hundred day moving average is $25.97.

Capital Group International Focus Equity ETF 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.