Valmark Advisers Inc. Buys 48,294 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

Valmark Advisers Inc. lifted its stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 383.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 60,904 shares of the company’s stock after buying an additional 48,294 shares during the quarter. Valmark Advisers Inc. owned about 0.22% of Capital Group U.S. Small and Mid Cap ETF worth $1,729,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CGMM. Private Trust Co. NA acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the third quarter worth approximately $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 worth approximately $30,000. CWM LLC increased 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 worth $41,000 after purchasing an additional 1,150 shares during the period. Farther Finance Advisors LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth approximately $73,000. Finally, Barrett & Company Inc. lifted its holdings in 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 purchasing an additional 550 shares during the last quarter.

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

Shares of NYSEARCA CGMM opened at $30.44 on Friday. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 21.71 and a beta of 1.27. The stock’s fifty day moving average price is $28.73 and its two-hundred day moving average price is $28.21. Capital Group U.S. Small and Mid Cap ETF has a one year low of $20.57 and a one year high of $30.49.

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.