Cullen Frost Bankers Inc. Increases Stake in Capital Group U.S. Small and Mid Cap ETF $CGMM

Cullen Frost Bankers Inc. increased its position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 99.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 75,180 shares of the company’s stock after purchasing an additional 37,495 shares during the period. Cullen Frost Bankers Inc. owned approximately 0.25% of Capital Group U.S. Small and Mid Cap ETF worth $2,134,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth about $28,000. Raymond James Financial Inc. bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at approximately $30,000. CWM LLC grew its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 384.6% during the third quarter. CWM LLC now owns 1,449 shares of the company’s stock valued at $41,000 after buying an additional 1,150 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter worth approximately $73,000. Finally, Barrett & Company Inc. lifted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 10.7% during the 2nd quarter. Barrett & Company Inc. now owns 5,675 shares of the company’s stock worth $153,000 after acquiring an additional 550 shares during the last quarter.

Capital Group U.S. Small and Mid Cap ETF Stock Down 0.1%

CGMM opened at $30.55 on Tuesday. The business has a fifty day moving average of $29.31 and a 200 day moving average of $28.49. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $20.57 and a 52-week high of $31.17. The stock has a market cap of $1.33 billion, a P/E 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.