Capital Group U.S. Small and Mid Cap ETF $CGMM Stake Reduced by National Wealth Management Group LLC

National Wealth Management Group LLC reduced its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 27.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 130,145 shares of the company’s stock after selling 49,516 shares during the period. Capital Group U.S. Small and Mid Cap ETF accounts for about 1.2% of National Wealth Management Group LLC’s portfolio, making the stock its 18th largest holding. National Wealth Management Group LLC owned about 0.12% of Capital Group U.S. Small and Mid Cap ETF worth $4,029,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC boosted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 20.0% during the 1st quarter. Harbor Investment Advisory LLC now owns 2,886 shares of the company’s stock worth $85,000 after buying an additional 480 shares during the last quarter. Continuum Advisory LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the second quarter valued at about $123,000. James T. Borello RIA acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at about $134,000. Root Financial Partners LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the first quarter valued at about $145,000. Finally, IFP Advisors Inc raised its holdings in Capital Group U.S. Small and Mid Cap ETF by 100.3% during the second quarter. IFP Advisors Inc now owns 5,377 shares of the company’s stock worth $177,000 after acquiring an additional 2,693 shares in the last quarter.

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

CGMM opened at $31.29 on Tuesday. The business’s 50-day simple moving average is $31.91 and its 200 day simple moving average is $31.43. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $26.80 and a 52-week high of $33.84. The firm has a market capitalization of $3.54 billion, a PE ratio of 21.71 and a beta of 0.86.

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.