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

Essex Financial Services Inc. increased its position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 35.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,039 shares of the company’s stock after acquiring an additional 24,367 shares during the period. Essex Financial Services Inc. owned approximately 0.20% of Capital Group U.S. Small and Mid Cap ETF worth $2,683,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Comerica Bank acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth approximately $29,000. Raymond James Financial Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter worth approximately $30,000. Westside Investment Management Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth approximately $33,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth approximately $36,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth approximately $38,000.

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

Shares of NYSEARCA:CGMM opened at $31.82 on Monday. The business’s fifty day moving average price is $30.82 and its two-hundred day moving average price is $30.12. The stock has a market cap of $2.38 billion, a PE ratio of 21.71 and a beta of 0.92. Capital Group U.S. Small and Mid Cap ETF has a one year low of $25.25 and a one year high of $32.38.

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.