Capital Group U.S. Small and Mid Cap ETF $CGMM Stake Raised by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. boosted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 244.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 332,764 shares of the company’s stock after buying an additional 236,032 shares during the quarter. Capital Group U.S. Small and Mid Cap ETF accounts for 4.4% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its 8th largest position. Ergawealth Advisors Inc. owned approximately 1.21% of Capital Group U.S. Small and Mid Cap ETF worth $9,447,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CGMM. Private Trust Co. NA acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at $28,000. Raymond James Financial Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth about $30,000. CWM LLC raised its position in Capital Group U.S. Small and Mid Cap ETF by 384.6% in the 3rd quarter. CWM LLC now owns 1,449 shares of the company’s stock valued at $41,000 after purchasing an additional 1,150 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter valued at about $73,000. Finally, Barrett & Company Inc. boosted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 10.7% in the 2nd quarter. Barrett & Company Inc. now owns 5,675 shares of the company’s stock valued at $153,000 after buying an additional 550 shares during the period.

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

CGMM stock opened at $29.29 on Tuesday. The company’s 50 day moving average price is $28.51 and its 200 day moving average price is $28.00. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $20.57 and a fifty-two week high of $29.76. The firm has a market capitalization of $878.70 million, a price-to-earnings ratio of 21.71 and a beta of 1.27.

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.