Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM – Get Free Report) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 72,267 shares, a drop of 35.8% from the March 15th total of 112,486 shares. Based on an average daily trading volume, of 1,746,961 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are short sold.
Institutional Trading of Capital Group U.S. Small and Mid Cap ETF
Institutional investors and hedge funds have recently made changes to their positions in the stock. Coign Capital Advisors LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth approximately $6,597,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 4th quarter worth approximately $1,293,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth approximately $511,000. Cullen Frost Bankers Inc. raised its position in shares of Capital Group U.S. Small and Mid Cap ETF by 99.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 75,180 shares of the company’s stock worth $2,134,000 after purchasing an additional 37,495 shares during the period. Finally, Ergawealth Advisors Inc. raised its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 244.0% during the third quarter. Ergawealth Advisors Inc. now owns 332,764 shares of the company’s stock valued at $9,447,000 after buying an additional 236,032 shares during the last quarter.
Capital Group U.S. Small and Mid Cap ETF Stock Down 0.2%
NYSEARCA:CGMM traded down $0.06 during trading hours on Wednesday, reaching $31.27. 1,004,715 shares of the stock were exchanged, compared to its average volume of 1,132,052. The firm has a 50 day simple moving average of $30.32 and a 200-day simple moving average of $29.43. The stock has a market capitalization of $2.17 billion, a P/E ratio of 21.71 and a beta of 1.06. Capital Group U.S. Small and Mid Cap ETF has a 52 week low of $21.68 and a 52 week high of $31.65.
Capital Group U.S. Small and Mid Cap ETF Company 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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