Harbour Investments Inc. Increases Stake in Capital Group U.S. Small and Mid Cap ETF $CGMM

Harbour Investments Inc. grew its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 143.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,010 shares of the company’s stock after buying an additional 12,392 shares during the period. Harbour Investments Inc. owned 0.15% of Capital Group U.S. Small and Mid Cap ETF worth $565,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. IFP Advisors Inc purchased a new position in Capital Group U.S. Small and Mid Cap ETF during the first quarter worth approximately $30,000. Barrett & Company Inc. raised its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 10.7% during the 2nd quarter. Barrett & Company Inc. now owns 5,675 shares of the company’s stock worth $153,000 after acquiring an additional 550 shares during the period. JGP Wealth Management LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter valued at about $209,000. World Investment Advisors acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the 1st quarter valued at about $219,000. Finally, Essex Financial Services Inc. purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the first quarter valued at about $241,000.

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

Shares of CGMM stock opened at $28.12 on Monday. The company has a market capitalization of $776.11 million and a PE ratio of 21.71. The firm’s 50-day moving average is $28.21 and its two-hundred day moving average is $26.45. Capital Group U.S. Small and Mid Cap ETF has a 12 month low of $20.57 and a 12 month high of $28.80.

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.