Cullen Frost Bankers Inc. Buys 22,863 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

Cullen Frost Bankers Inc. grew its stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 30.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 98,043 shares of the company’s stock after purchasing an additional 22,863 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $2,828,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in CGMM. Sei Investments Co. grew its stake in Capital Group U.S. Small and Mid Cap ETF by 1,613.3% in the 2nd quarter. Sei Investments Co. now owns 242,983 shares of the company’s stock worth $6,531,000 after acquiring an additional 228,801 shares in the last quarter. Raymond James Financial Inc. bought a new position in Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter worth about $30,000. Benjamin Edwards Inc. grew its stake in Capital Group U.S. Small and Mid Cap ETF by 134.1% in the 2nd quarter. Benjamin Edwards Inc. now owns 96,264 shares of the company’s stock worth $2,588,000 after acquiring an additional 55,149 shares in the last quarter. MML Investors Services LLC grew its stake in Capital Group U.S. Small and Mid Cap ETF by 37.2% in the 2nd quarter. MML Investors Services LLC now owns 229,187 shares of the company’s stock worth $6,161,000 after acquiring an additional 62,129 shares in the last quarter. Finally, Orion Porfolio Solutions LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter worth about $851,000.

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

Shares of CGMM stock opened at $31.45 on Friday. The company has a market capitalization of $2.35 billion, a P/E ratio of 21.71 and a beta of 0.92. The company’s 50-day simple moving average is $30.55 and its two-hundred day simple moving average is $29.97. Capital Group U.S. Small and Mid Cap ETF has a one year low of $25.00 and a one year high of $32.38.

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.