Bare Financial Services Inc Invests $4.41 Million in Capital Group International Focus Equity ETF (NYSEARCA:CGXU)

Bare Financial Services Inc acquired a new position in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 184,636 shares of the company’s stock, valued at approximately $4,407,000. Capital Group International Focus Equity ETF comprises 8.9% of Bare Financial Services Inc’s portfolio, making the stock its 3rd biggest holding. Bare Financial Services Inc owned 0.29% of Capital Group International Focus Equity ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Private Trust Co. NA purchased a new stake in shares of Capital Group International Focus Equity ETF in the 4th quarter valued at approximately $87,000. EverSource Wealth Advisors LLC increased its position in shares of Capital Group International Focus Equity ETF by 57.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,944 shares of the company’s stock valued at $86,000 after purchasing an additional 1,434 shares during the last quarter. Financial Perspectives Inc increased its position in shares of Capital Group International Focus Equity ETF by 25.6% in the 4th quarter. Financial Perspectives Inc now owns 6,268 shares of the company’s stock valued at $150,000 after purchasing an additional 1,278 shares during the last quarter. Concourse Financial Group Securities Inc. increased its position in shares of Capital Group International Focus Equity ETF by 9.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 8,634 shares of the company’s stock valued at $188,000 after purchasing an additional 733 shares during the last quarter. Finally, Grey Street Capital LLC purchased a new position in shares of Capital Group International Focus Equity ETF in the 4th quarter valued at $215,000.

Capital Group International Focus Equity ETF Trading Up 0.9 %

Shares of NYSEARCA CGXU traded up $0.22 during mid-day trading on Thursday, reaching $25.54. The company had a trading volume of 739,897 shares, compared to its average volume of 621,178. The firm has a 50 day simple moving average of $25.33 and a two-hundred day simple moving average of $23.87. The stock has a market cap of $2.34 billion, a P/E ratio of 18.54 and a beta of 1.01. Capital Group International Focus Equity ETF has a 52-week low of $20.80 and a 52-week high of $25.97.

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.