Capital Group U.S. Small and Mid Cap ETF $CGMM Shares Bought by Essex Financial Services Inc.

Essex Financial Services Inc. raised its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 16.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 108,398 shares of the company’s stock after purchasing an additional 15,359 shares during the quarter. Essex Financial Services Inc. owned 0.15% of Capital Group U.S. Small and Mid Cap ETF worth $3,183,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Comerica Bank acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter valued at about $29,000. Raymond James Financial Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF during the second quarter worth $30,000. EverSource Wealth Advisors LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the third quarter valued at $36,000. CIBC Private Wealth Group LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the third quarter valued at $38,000. Finally, Capital Analysts LLC increased its holdings in Capital Group U.S. Small and Mid Cap ETF by 1,083.5% in the fourth quarter. Capital Analysts LLC now owns 1,361 shares of the company’s stock valued at $39,000 after buying an additional 1,246 shares in the last quarter.

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

Shares of Capital Group U.S. Small and Mid Cap ETF stock opened at $32.93 on Thursday. The firm has a 50-day simple moving average of $31.73 and a two-hundred day simple moving average of $30.75. The company has a market cap of $3.03 billion, a P/E ratio of 21.71 and a beta of 0.81. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $26.68 and a fifty-two week high of $33.25.

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.