Richmond Investment Services LLC Makes New $940,000 Investment in Capital Group U.S. Small and Mid Cap ETF $CGMM

Richmond Investment Services LLC purchased a new position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 32,020 shares of the company’s stock, valued at approximately $940,000.

Several other large investors also recently modified their holdings of CGMM. Dynamic Advisor Solutions LLC bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 4th quarter valued at about $1,293,000. Wealth Science Advisors LLC bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 4th quarter worth approximately $2,690,000. Ergawealth Advisors Inc. lifted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 125.1% in the 4th quarter. Ergawealth Advisors Inc. now owns 749,108 shares of the company’s stock worth $21,604,000 after purchasing an additional 416,344 shares during the period. Oppenheimer & Co. Inc. purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the fourth quarter worth approximately $778,000. Finally, Michael Brady & Co. LLC purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the fourth quarter worth approximately $870,000.

Capital Group U.S. Small and Mid Cap ETF Trading Down 1.1%

Shares of CGMM stock opened at $32.50 on Wednesday. Capital Group U.S. Small and Mid Cap ETF has a 12 month low of $26.68 and a 12 month high of $33.25. The stock has a market cap of $3.04 billion, a P/E ratio of 21.71 and a beta of 0.81. The company has a 50 day simple moving average of $31.81 and a two-hundred day simple moving average of $30.85.

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.