Sagespring Wealth Partners LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM – Free Report) in the 2nd quarter, Holdings Channel reports. The fund acquired 25,750 shares of the company’s stock, valued at approximately $692,000.
Other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the first quarter valued at $246,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 1st quarter valued at about $719,000. Envestnet Asset Management Inc. purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 1st quarter valued at about $18,458,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 1st quarter valued at about $1,482,000. Finally, Janney Montgomery Scott LLC purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the second quarter valued at approximately $890,000.
Capital Group U.S. Small and Mid Cap ETF Trading Up 0.3%
Shares of NYSEARCA CGMM opened at $28.45 on Thursday. Capital Group U.S. Small and Mid Cap ETF has a twelve month low of $20.57 and a twelve month high of $28.80. The stock has a 50 day moving average of $28.17 and a two-hundred day moving average of $26.36. The stock has a market cap of $785.22 million and a P/E ratio of 21.71.
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.
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