Forge Financial Services LLC Makes New $770,000 Investment in Capital Group U.S. Small and Mid Cap ETF $CGMM

Forge Financial Services LLC purchased a new stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) in the fourth quarter, Holdings Channel.com reports. The fund purchased 26,684 shares of the company’s stock, valued at approximately $770,000. Capital Group U.S. Small and Mid Cap ETF accounts for approximately 0.3% of Forge Financial Services LLC’s portfolio, making the stock its 18th biggest position.

A number of other large investors have also made changes to their positions in CGMM. Sei Investments Co. increased its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 1,613.3% in the 2nd 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. purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at about $30,000. Benjamin Edwards Inc. grew its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 134.1% in the 2nd quarter. Benjamin Edwards Inc. now owns 96,264 shares of the company’s stock worth $2,588,000 after acquiring an additional 55,149 shares during the period. MML Investors Services LLC grew its holdings in shares of 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 worth $6,161,000 after acquiring an additional 62,129 shares during the period. Finally, Orion Porfolio Solutions LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter worth approximately $851,000.

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

CGMM opened at $31.75 on Friday. The stock has a market cap of $2.37 billion, a P/E ratio of 21.71 and a beta of 0.86. The stock’s 50 day simple moving average is $31.25 and its 200 day simple moving average is $30.38. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $25.71 and a 1-year high of $32.38.

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.