Confluence Wealth Services Inc. Boosts Stock Holdings in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Confluence Wealth Services Inc. raised its holdings in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 18.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,457,547 shares of the company’s stock after purchasing an additional 224,878 shares during the quarter. Capital Group International Focus Equity ETF makes up 2.5% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 12th largest position. Confluence Wealth Services Inc.’s holdings in Capital Group International Focus Equity ETF were worth $37,692,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new stake in shares of Capital Group International Focus Equity ETF in the third quarter valued at approximately $27,000. Geneos Wealth Management Inc. lifted its holdings in Capital Group International Focus Equity ETF by 81.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,806 shares of the company’s stock valued at $69,000 after acquiring an additional 1,258 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Capital Group International Focus Equity ETF by 124.6% during 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 in the last quarter. Adamsbrown Wealth Consultants LLC acquired a new position in shares of Capital Group International Focus Equity ETF during the 3rd quarter worth $204,000. Finally, Concourse Financial Group Securities Inc. increased its holdings in shares of Capital Group International Focus Equity ETF by 42.4% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 7,816 shares of the company’s stock valued at $211,000 after purchasing an additional 2,327 shares in the last quarter.

Capital Group International Focus Equity ETF Trading Up 1.6 %

CGXU stock opened at $25.74 on Wednesday. The company’s 50-day moving average price is $25.46 and its 200 day moving average price is $25.87. Capital Group International Focus Equity ETF has a 52 week low of $23.56 and a 52 week high of $27.52. The company has a market cap of $2.40 billion, a P/E ratio of 19.27 and a beta of 1.03.

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.