Valmark Advisers Inc. Has $1.73 Million Holdings in Capital Group U.S. Small and Mid Cap ETF $CGMM

Valmark Advisers Inc. grew its position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 383.0% in the third quarter, Holdings Channel reports. The fund owned 60,904 shares of the company’s stock after acquiring an additional 48,294 shares during the quarter. Valmark Advisers Inc.’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $1,729,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Trust Co. NA acquired a new position in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth about $28,000. Raymond James Financial Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at about $30,000. CWM LLC grew its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 384.6% during the third quarter. CWM LLC now owns 1,449 shares of the company’s stock worth $41,000 after purchasing an additional 1,150 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at approximately $73,000. Finally, Barrett & Company Inc. increased its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 10.7% in the second quarter. Barrett & Company Inc. now owns 5,675 shares of the company’s stock valued at $153,000 after buying an additional 550 shares during the period.

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

NYSEARCA:CGMM opened at $30.44 on Friday. The firm’s 50 day simple moving average is $28.73 and its 200 day simple moving average is $28.21. Capital Group U.S. Small and Mid Cap ETF has a one year low of $20.57 and a one year high of $30.49. The company has a market cap of $1.22 billion, a PE ratio of 21.71 and a beta of 1.27.

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.