Smith Thornton Advisors LLC Acquires New Holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM)

Smith Thornton Advisors LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 113,115 shares of the company’s stock, valued at approximately $2,702,000. Capital Group U.S. Small and Mid Cap ETF makes up about 1.7% of Smith Thornton Advisors LLC’s portfolio, making the stock its 16th biggest position. Smith Thornton Advisors LLC owned approximately 1.85% of Capital Group U.S. Small and Mid Cap ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Barrett & Company Inc. bought a new position in Capital Group U.S. Small and Mid Cap ETF during the first quarter valued at approximately $122,000. World Investment Advisors bought a new position in Capital Group U.S. Small and Mid Cap ETF during the first quarter valued at approximately $219,000. Essex Financial Services Inc. bought a new position in Capital Group U.S. Small and Mid Cap ETF during the first quarter valued at approximately $241,000. Cambridge Investment Research Advisors Inc. bought a new position in Capital Group U.S. Small and Mid Cap ETF during the first quarter valued at approximately $246,000. Finally, Latitude Advisors LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF during the first quarter valued at approximately $295,000.

Capital Group U.S. Small and Mid Cap ETF Stock Performance

Shares of CGMM opened at $27.34 on Friday. Capital Group U.S. Small and Mid Cap ETF has a twelve month low of $20.57 and a twelve month high of $27.71. The company has a market capitalization of $368.11 million and a price-to-earnings ratio of 21.71. The company’s 50 day simple moving average is $26.06.

About Capital Group U.S. Small and Mid Cap ETF

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.