Diversify Wealth Management LLC Takes $871,000 Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Diversify Wealth Management LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 28,000 shares of the company’s stock, valued at approximately $871,000.

Several other hedge funds and other institutional investors have also modified their holdings of CGMM. Dynamic Advisor Solutions LLC bought a new stake in Capital Group U.S. Small and Mid Cap ETF in the fourth quarter valued at $1,293,000. Ergawealth Advisors Inc. lifted 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 acquiring an additional 416,344 shares during the period. Wealth Science Advisors LLC bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the fourth quarter valued at $2,690,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 4th quarter valued at $778,000. Finally, Michael Brady & Co. LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 4th quarter valued at $870,000.

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

CGMM opened at $32.12 on Friday. The firm’s 50-day simple moving average is $31.94 and its 200-day simple moving average is $30.99. Capital Group U.S. Small and Mid Cap ETF has a twelve month low of $26.68 and a twelve month high of $33.25. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 21.71 and a beta of 0.81.

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.