CMC Financial Group Buys New Shares in Capital Group U.S. Small and Mid Cap ETF $CGMM

CMC Financial Group bought a new stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 119,727 shares of the company’s stock, valued at approximately $3,453,000. Capital Group U.S. Small and Mid Cap ETF accounts for approximately 6.2% of CMC Financial Group’s holdings, making the stock its 8th largest position.

Several other hedge funds have also made changes to their positions in CGMM. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 181.9% in the third quarter. Envestnet Asset Management Inc. now owns 5,204,921 shares of the company’s stock valued at $147,768,000 after buying an additional 3,358,406 shares during the period. Merit Financial Group LLC lifted its stake in Capital Group U.S. Small and Mid Cap ETF by 3,215.7% during the third quarter. Merit Financial Group LLC now owns 1,316,034 shares of the company’s stock worth $37,362,000 after purchasing an additional 1,276,343 shares during the period. Captrust Financial Advisors lifted its stake in Capital Group U.S. Small and Mid Cap ETF by 2,813.8% during the second quarter. Captrust Financial Advisors now owns 923,440 shares of the company’s stock worth $24,822,000 after purchasing an additional 891,748 shares during the period. Assetmark Inc. lifted its stake in Capital Group U.S. Small and Mid Cap ETF by 1,332.0% during the third quarter. Assetmark Inc. now owns 534,638 shares of the company’s stock worth $15,178,000 after purchasing an additional 497,304 shares during the period. Finally, Ergawealth Advisors Inc. lifted its stake in Capital Group U.S. Small and Mid Cap ETF by 125.1% during the fourth 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.

Capital Group U.S. Small and Mid Cap ETF Stock Down 0.2%

Shares of CGMM opened at $31.27 on Thursday. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 21.71 and a beta of 1.06. Capital Group U.S. Small and Mid Cap ETF has a 12 month low of $21.68 and a 12 month high of $31.65. The company has a 50-day moving average price of $30.34 and a two-hundred day moving average price of $29.44.

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.