Lincoln Capital LLC Grows Stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Lincoln Capital LLC grew its holdings in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 3.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 31,665 shares of the company’s stock after acquiring an additional 1,160 shares during the quarter. Lincoln Capital LLC’s holdings in Capital Group International Focus Equity ETF were worth $816,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lantz Financial LLC grew its stake in Capital Group International Focus Equity ETF by 0.4% in the fourth quarter. Lantz Financial LLC now owns 268,430 shares of the company’s stock worth $6,407,000 after purchasing an additional 1,129 shares during the period. Glaxis Capital Management LLC purchased a new stake in Capital Group International Focus Equity ETF in the fourth quarter worth about $716,000. Raymond James & Associates increased its stake in shares of Capital Group International Focus Equity ETF by 5.6% during the fourth quarter. Raymond James & Associates now owns 1,517,361 shares of the company’s stock valued at $36,219,000 after purchasing an additional 80,298 shares in the last quarter. Trueblood Wealth Management LLC purchased a new position in shares of Capital Group International Focus Equity ETF during the fourth quarter valued at approximately $698,000. Finally, Raymond James Trust N.A. boosted its position in shares of Capital Group International Focus Equity ETF by 122.6% in the 4th quarter. Raymond James Trust N.A. now owns 77,527 shares of the company’s stock worth $1,851,000 after purchasing an additional 42,694 shares in the last quarter.

Capital Group International Focus Equity ETF Price Performance

CGXU stock traded down $0.13 on Friday, reaching $25.83. 60,389 shares of the company traded hands, compared to its average volume of 577,785. The firm has a fifty day simple moving average of $25.95 and a 200-day simple moving average of $24.99. Capital Group International Focus Equity ETF has a one year low of $20.80 and a one year high of $26.78. The company has a market cap of $2.41 billion, a P/E ratio of 19.27 and a beta of 1.03.

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.