Security Financial Services INC. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,405 shares of the company’s stock, valued at approximately $333,000.
Several other institutional investors have also added to or reduced their stakes in CGMM. Truist Financial Corp grew its position in shares of Capital Group U.S. Small and Mid Cap ETF by 6.2% during the 2nd quarter. Truist Financial Corp now owns 21,242 shares of the company’s stock valued at $571,000 after acquiring an additional 1,238 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Capital Group U.S. Small and Mid Cap ETF by 35.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 83,792 shares of the company’s stock worth $2,302,000 after purchasing an additional 21,742 shares during the period. Janney Montgomery Scott LLC purchased a new position in Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at $890,000. ORG Partners LLC lifted its position in Capital Group U.S. Small and Mid Cap ETF by 1,071.1% during the second quarter. ORG Partners LLC now owns 10,189 shares of the company’s stock valued at $276,000 after purchasing an additional 9,319 shares in the last quarter. Finally, Souders Financial Advisors bought a new stake in Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at about $261,000.
Capital Group U.S. Small and Mid Cap ETF Stock Down 0.3%
Shares of CGMM opened at $27.63 on Friday. The business has a 50-day simple moving average of $28.31 and a two-hundred day simple moving average of $27.27. Capital Group U.S. Small and Mid Cap ETF has a 52 week low of $20.57 and a 52 week high of $28.86. The stock has a market cap of $828.90 million, a price-to-earnings ratio of 21.71 and a beta of 1.27.
Capital Group U.S. Small and Mid Cap ETF Profile
The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.
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