Merit Financial Group LLC Acquires 44,397 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

Merit Financial Group LLC boosted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 3.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,360,431 shares of the company’s stock after buying an additional 44,397 shares during the quarter. Merit Financial Group LLC owned about 3.15% of Capital Group U.S. Small and Mid Cap ETF worth $39,235,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CGMM. Private Trust Co. NA bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth about $28,000. Comerica Bank bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter valued at approximately $29,000. Raymond James Financial Inc. bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at approximately $30,000. Westside Investment Management Inc. acquired a new stake in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth approximately $36,000.

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

Shares of Capital Group U.S. Small and Mid Cap ETF stock opened at $31.30 on Friday. Capital Group U.S. Small and Mid Cap ETF has a 12-month low of $21.68 and a 12-month high of $31.65. The stock has a 50 day moving average price of $30.36 and a two-hundred day moving average price of $29.46. The stock has a market capitalization of $2.20 billion, a P/E ratio of 21.71 and a beta of 1.06.

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.