Wedbush Securities Inc. boosted its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM – Free Report) by 9,617.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 709,887 shares of the company’s stock after acquiring an additional 702,582 shares during the quarter. Capital Group U.S. Small and Mid Cap ETF accounts for 0.7% of Wedbush Securities Inc.’s portfolio, making the stock its 21st largest position. Wedbush Securities Inc. owned about 0.72% of Capital Group U.S. Small and Mid Cap ETF worth $28,265,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Comerica Bank acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth $29,000. Raymond James Financial Inc. acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at $30,000. CIBC Private Wealth Group LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the third quarter valued at $38,000. Capital Analysts LLC increased its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 1,083.5% during the fourth quarter. Capital Analysts LLC now owns 1,361 shares of the company’s stock valued at $39,000 after purchasing an additional 1,246 shares during the period. Finally, CWM LLC raised its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 37.3% during the fourth quarter. CWM LLC now owns 1,990 shares of the company’s stock valued at $57,000 after purchasing an additional 541 shares in the last quarter.
Capital Group U.S. Small and Mid Cap ETF Stock Down 1.1%
CGMM stock opened at $32.81 on Friday. The company has a market capitalization of $3.23 billion, a P/E ratio of 21.71 and a beta of 0.83. The company has a 50-day simple moving average of $32.63 and a 200 day simple moving average of $31.53. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $26.80 and a fifty-two week high of $33.84.
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.
Read More
- Five stocks we like better than Capital Group U.S. Small and Mid Cap ETF
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for Capital Group U.S. Small and Mid Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group U.S. Small and Mid Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
