Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sees Strong Trading Volume – Here’s Why

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) shares saw unusually-high trading volume on Monday . Approximately 806,935 shares traded hands during mid-day trading, an increase of 22% from the previous session’s volume of 663,553 shares.The stock last traded at $29.5250 and had previously closed at $29.75.

Capital Group International Focus Equity ETF Stock Performance

The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92. The firm has a fifty day moving average price of $30.13 and a 200-day moving average price of $28.79.

Capital Group International Focus Equity ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 26th will be issued a $1.2734 dividend. This represents a yield of 856.0%. The ex-dividend date of this dividend is Friday, December 26th.

Institutional Trading of Capital Group International Focus Equity ETF

Several large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its stake in Capital Group International Focus Equity ETF by 245.6% during the first quarter. Jones Financial Companies Lllp now owns 2,486,342 shares of the company’s stock worth $60,866,000 after purchasing an additional 1,766,816 shares during the last quarter. Armstrong Fleming & Moore Inc acquired a new position in shares of Capital Group International Focus Equity ETF during the 2nd quarter worth $19,604,000. Cerity Partners LLC raised its holdings in shares of Capital Group International Focus Equity ETF by 16.6% during the 3rd quarter. Cerity Partners LLC now owns 4,173,527 shares of the company’s stock worth $123,620,000 after buying an additional 594,999 shares in the last quarter. Sei Investments Co. lifted its position in shares of Capital Group International Focus Equity ETF by 27.4% during the 3rd quarter. Sei Investments Co. now owns 1,715,783 shares of the company’s stock worth $50,822,000 after buying an additional 369,365 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Capital Group International Focus Equity ETF by 7.1% in the third quarter. Raymond James Financial Inc. now owns 5,145,515 shares of the company’s stock valued at $152,410,000 after buying an additional 342,583 shares in 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.