PFG Advisors Buys 31,050 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

PFG Advisors lifted its stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 207.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,042 shares of the company’s stock after purchasing an additional 31,050 shares during the quarter. PFG Advisors owned 0.11% of Capital Group U.S. Small and Mid Cap ETF worth $1,328,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter valued at approximately $28,000. Comerica Bank bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter valued at approximately $29,000. Raymond James Financial Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter valued at approximately $30,000. Westside Investment Management Inc. acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth approximately $36,000.

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

CGMM opened at $31.75 on Thursday. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $22.83 and a fifty-two week high of $32.38. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 21.71 and a beta of 1.06. The company’s 50 day moving average price is $30.42 and its two-hundred day moving average price is $29.56.

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.