Cooper Financial Group Invests $23 Million in Capital Group International Focus Equity ETF $CGXU

Cooper Financial Group purchased a new stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) in the second quarter, Holdings Channel reports. The firm purchased 664,422 shares of the company’s stock, valued at approximately $23,002,000. Capital Group International Focus Equity ETF accounts for approximately 1.9% of Cooper Financial Group’s portfolio, making the stock its 11th biggest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quadrant Capital Group LLC purchased a new position in Capital Group International Focus Equity ETF during the fourth quarter worth approximately $28,000. Parallel Advisors LLC purchased a new stake in Capital Group International Focus Equity ETF in the 1st quarter valued at $68,000. CIBC Private Wealth Group LLC increased its stake in shares of Capital Group International Focus Equity ETF by 18.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock worth $81,000 after acquiring an additional 436 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in shares of Capital Group International Focus Equity ETF in the 4th quarter worth $111,000. Finally, IFP Advisors Inc increased its stake in shares of Capital Group International Focus Equity ETF by 82.3% in the 4th quarter. IFP Advisors Inc now owns 4,350 shares of the company’s stock worth $129,000 after acquiring an additional 1,964 shares during the last quarter.

Capital Group International Focus Equity ETF Stock Down 0.6%

NYSEARCA CGXU opened at $34.37 on Friday. The business’s fifty day simple moving average is $34.32 and its 200-day simple moving average is $32.47. The firm has a market cap of $6.40 billion, a PE ratio of 17.44 and a beta of 0.95. Capital Group International Focus Equity ETF has a 52 week low of $27.17 and a 52 week high of $36.27.

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.