Capital Group U.S. Small and Mid Cap ETF $CGMM Stake Increased by NavPoint Financial Inc.

NavPoint Financial Inc. lifted its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 35.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,614 shares of the company’s stock after buying an additional 27,088 shares during the period. Capital Group U.S. Small and Mid Cap ETF comprises approximately 1.2% of NavPoint Financial Inc.’s portfolio, making the stock its 24th biggest position. NavPoint Financial Inc. owned about 0.14% of Capital Group U.S. Small and Mid Cap ETF worth $3,013,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Comerica Bank purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth about $29,000. Raymond James Financial Inc. purchased a new position in Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC purchased a new position in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter valued at about $36,000. CIBC Private Wealth Group LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter valued at about $38,000. Finally, Capital Analysts LLC increased its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 1,083.5% in the 4th quarter. Capital Analysts LLC now owns 1,361 shares of the company’s stock valued at $39,000 after purchasing an additional 1,246 shares during the period.

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

NYSEARCA CGMM opened at $32.93 on Thursday. The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 21.71 and a beta of 0.81. The company has a 50 day simple moving average of $31.73 and a 200-day simple moving average of $30.75. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $26.68 and a 52-week high of $33.25.

About Capital Group U.S. Small and Mid Cap ETF

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.