Confluence Wealth Services Inc. Grows Position in Capital Group International Focus Equity ETF $CGXU

Confluence Wealth Services Inc. grew its holdings in shares of Capital Group International Focus Equity ETF (NYSEARCA:CGXU) by 7.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,740,592 shares of the company’s stock after acquiring an additional 125,130 shares during the quarter. Capital Group International Focus Equity ETF comprises 2.5% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 12th largest position. Confluence Wealth Services Inc. owned about 1.21% of Capital Group International Focus Equity ETF worth $51,556,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. IFP Advisors Inc lifted its position in Capital Group International Focus Equity ETF by 114.2% during the second quarter. IFP Advisors Inc now owns 1,176 shares of the company’s stock valued at $32,000 after purchasing an additional 627 shares during the last quarter. UMB Bank n.a. purchased a new stake in shares of Capital Group International Focus Equity ETF during the 2nd quarter valued at $45,000. Assetmark Inc. bought a new stake in shares of Capital Group International Focus Equity ETF during the 2nd quarter worth $64,000. Beacon Capital Management LLC purchased a new position in Capital Group International Focus Equity ETF in the second quarter worth $75,000. Finally, Mather Group LLC. bought a new position in Capital Group International Focus Equity ETF in the third quarter valued at $82,000.

Capital Group International Focus Equity ETF Stock Up 0.0%

NYSEARCA CGXU opened at $30.98 on Friday. The stock’s 50-day simple moving average is $30.12 and its two-hundred day simple moving average is $29.15. Capital Group International Focus Equity ETF has a twelve month low of $21.17 and a twelve month high of $31.26. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92.

Capital Group International Focus Equity ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a $1.2734 dividend. The ex-dividend date was Friday, December 26th. This represents a yield of 856.0%.

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.