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

Kingsview Wealth Management LLC cut its stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 33.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,916 shares of the company’s stock after selling 21,711 shares during the quarter. Kingsview Wealth Management LLC owned approximately 0.09% of Capital Group U.S. Small and Mid Cap ETF worth $1,267,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 181.9% during the third quarter. Envestnet Asset Management Inc. now owns 5,204,921 shares of the company’s stock valued at $147,768,000 after purchasing an additional 3,358,406 shares during the last quarter. Merit Financial Group LLC grew its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 3.4% during the fourth quarter. Merit Financial Group LLC now owns 1,360,431 shares of the company’s stock valued at $39,235,000 after purchasing an additional 44,397 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 8.0% during the third quarter. Captrust Financial Advisors now owns 997,496 shares of the company’s stock valued at $28,319,000 after purchasing an additional 74,056 shares during the last quarter. Assetmark Inc. grew its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 40.5% during the fourth quarter. Assetmark Inc. now owns 751,163 shares of the company’s stock valued at $21,664,000 after purchasing an additional 216,525 shares during the last quarter. Finally, Ergawealth Advisors Inc. grew its holdings in shares of 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 valued at $21,604,000 after purchasing an additional 416,344 shares during the last quarter.

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

NYSEARCA:CGMM opened at $31.82 on Monday. The firm has a market capitalization of $2.38 billion, a PE ratio of 21.71 and a beta of 0.92. The stock has a 50 day moving average of $30.82 and a 200-day moving average of $30.12. Capital Group U.S. Small and Mid Cap ETF has a 52 week low of $25.25 and a 52 week 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.