Orion Porfolio Solutions LLC increased its stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM – Free Report) by 585.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 216,915 shares of the company’s stock after purchasing an additional 185,264 shares during the quarter. Orion Porfolio Solutions LLC owned approximately 0.72% of Capital Group U.S. Small and Mid Cap ETF worth $6,158,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Security Financial Services INC. acquired a new stake in Capital Group U.S. Small and Mid Cap ETF in the second quarter valued at approximately $333,000. Cetera Investment Advisers acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the second quarter worth $7,576,000. Kingsview Wealth Management LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the second quarter worth $1,344,000. Rothschild Investment LLC bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at $744,000. Finally, Cary Street Partners Financial LLC bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at $5,206,000.
Capital Group U.S. Small and Mid Cap ETF Stock Down 2.4%
NYSEARCA CGMM opened at $29.99 on Friday. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 21.71 and a beta of 1.27. Capital Group U.S. Small and Mid Cap ETF has a twelve month low of $20.57 and a twelve month high of $31.65. The business’s fifty day moving average is $30.55 and its 200 day moving average is $29.15.
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.
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