D.A. Davidson & CO. Buys 29,983 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

D.A. Davidson & CO. raised its stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 101.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,616 shares of the company’s stock after purchasing an additional 29,983 shares during the quarter. D.A. Davidson & CO. owned 0.08% of Capital Group U.S. Small and Mid Cap ETF worth $1,750,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sei Investments Co. lifted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 1,613.3% in the second quarter. Sei Investments Co. now owns 242,983 shares of the company’s stock valued at $6,531,000 after purchasing an additional 228,801 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Capital Group U.S. Small and Mid Cap ETF during the second quarter worth $30,000. Benjamin Edwards Inc. grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 134.1% during the second quarter. Benjamin Edwards Inc. now owns 96,264 shares of the company’s stock worth $2,588,000 after buying an additional 55,149 shares in the last quarter. MML Investors Services LLC raised its position in Capital Group U.S. Small and Mid Cap ETF by 37.2% in the 2nd quarter. MML Investors Services LLC now owns 229,187 shares of the company’s stock valued at $6,161,000 after buying an additional 62,129 shares during the last quarter. Finally, Orion Porfolio Solutions LLC purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at $851,000.

Capital Group U.S. Small and Mid Cap ETF Trading Up 1.3%

Shares of NYSEARCA:CGMM opened at $32.14 on Wednesday. The stock’s fifty day simple moving average is $31.98 and its two-hundred day simple moving average is $31.05. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $26.68 and a 1-year high of $33.25. The stock has a market cap of $3.09 billion, a PE ratio of 21.71 and a beta of 0.81.

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