World Investment Advisors Acquires 26,258 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

World Investment Advisors lifted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 51.6% in the first quarter, Holdings Channel.com reports. The fund owned 77,140 shares of the company’s stock after purchasing an additional 26,258 shares during the quarter. World Investment Advisors’ holdings in Capital Group U.S. Small and Mid Cap ETF were worth $2,265,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wedbush Securities Inc. increased its position in shares of Capital Group U.S. Small and Mid Cap ETF by 5.0% during the 4th quarter. Wedbush Securities Inc. now owns 7,640 shares of the company’s stock worth $220,000 after purchasing an additional 363 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in Capital Group U.S. Small and Mid Cap ETF by 2.0% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 23,230 shares of the company’s stock worth $682,000 after buying an additional 450 shares in the last quarter. Harbor Investment Advisory LLC increased its position in Capital Group U.S. Small and Mid Cap ETF by 20.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 2,886 shares of the company’s stock valued at $85,000 after acquiring an additional 480 shares in the last quarter. Pines Wealth Management LLC raised its position in Capital Group U.S. Small and Mid Cap ETF by 1.5% in the 4th quarter. Pines Wealth Management LLC now owns 34,321 shares of the company’s stock worth $990,000 after purchasing an additional 499 shares during the last quarter. Finally, Sovran Advisors LLC increased its position in Capital Group U.S. Small and Mid Cap ETF by 2.3% in the fourth quarter. Sovran Advisors LLC now owns 23,842 shares of the company’s stock worth $736,000 after purchasing an additional 528 shares during the period.

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

Shares of CGMM stock traded down $0.38 during trading hours on Tuesday, reaching $32.47. The company had a trading volume of 260,108 shares, compared to its average volume of 1,103,016. 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 firm has a market cap of $3.04 billion, a price-to-earnings ratio of 21.71 and a beta of 0.81. The company has a 50 day moving average of $31.79 and a 200 day moving average of $30.82.

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.