Sterling Investment Counsel LLC Sells 252,527 Shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Sterling Investment Counsel LLC lessened its stake in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 41.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 351,850 shares of the company’s stock after selling 252,527 shares during the quarter. Capital Group International Focus Equity ETF comprises about 5.7% of Sterling Investment Counsel LLC’s investment portfolio, making the stock its 5th largest holding. Sterling Investment Counsel LLC’s holdings in Capital Group International Focus Equity ETF were worth $8,680,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Captrust Financial Advisors increased its position in shares of Capital Group International Focus Equity ETF by 10.5% in the 3rd quarter. Captrust Financial Advisors now owns 9,184,315 shares of the company’s stock valued at $247,701,000 after buying an additional 869,364 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Capital Group International Focus Equity ETF by 17.8% in the third quarter. Cerity Partners LLC now owns 3,366,439 shares of the company’s stock worth $90,793,000 after acquiring an additional 508,569 shares in the last quarter. Inspirion Wealth Advisors LLC raised its position in shares of Capital Group International Focus Equity ETF by 58.2% during the third quarter. Inspirion Wealth Advisors LLC now owns 1,364,506 shares of the company’s stock worth $36,801,000 after purchasing an additional 502,075 shares during the period. International Assets Investment Management LLC raised its holdings in Capital Group International Focus Equity ETF by 2,376.5% during the 3rd quarter. International Assets Investment Management LLC now owns 447,379 shares of the company’s stock worth $120,660,000 after buying an additional 429,314 shares during the period. Finally, NewEdge Advisors LLC lifted its position in Capital Group International Focus Equity ETF by 105.8% in the 2nd quarter. NewEdge Advisors LLC now owns 715,953 shares of the company’s stock valued at $18,414,000 after acquiring an additional 367,981 shares in the last quarter.

Capital Group International Focus Equity ETF Stock Performance

NYSEARCA CGXU opened at $25.61 on Tuesday. Capital Group International Focus Equity ETF has a 52 week low of $23.56 and a 52 week high of $27.52. The stock’s 50 day moving average price is $25.44 and its two-hundred day moving average price is $25.91. The stock has a market capitalization of $2.39 billion, a price-to-earnings 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.