Capital Group U.S. Small and Mid Cap ETF $CGMM Stake Boosted by Founders Financial Securities LLC

Founders Financial Securities LLC boosted its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 92.9% in the first quarter, HoldingsChannel.com reports. The firm owned 52,974 shares of the company’s stock after acquiring an additional 25,518 shares during the period. Founders Financial Securities LLC’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $1,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its stake in Capital Group U.S. Small and Mid Cap ETF by 48.7% during the fourth quarter. LPL Financial LLC now owns 2,955,064 shares of the company’s stock valued at $85,224,000 after purchasing an additional 967,841 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF by 349.4% in the 4th quarter. Wells Fargo & Company MN now owns 1,588,268 shares of the company’s stock worth $45,806,000 after buying an additional 1,234,872 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF by 90.7% in the 4th quarter. Osaic Holdings Inc. now owns 1,534,907 shares of the company’s stock worth $44,271,000 after buying an additional 730,173 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 3.4% in the 4th quarter. Merit Financial Group LLC now owns 1,360,431 shares of the company’s stock valued at $39,235,000 after buying an additional 44,397 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 25.1% in the 4th quarter. Cetera Investment Advisers now owns 1,169,463 shares of the company’s stock valued at $33,727,000 after buying an additional 234,742 shares during the period.

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

Shares of NYSEARCA:CGMM opened at $32.28 on Monday. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $25.71 and a fifty-two week high of $32.58. The firm has a 50-day simple moving average of $31.53 and a 200 day simple moving average of $30.55. The company has a market cap of $2.41 billion, a PE ratio of 21.71 and a beta of 0.86.

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.