Valmark Advisers Inc. Boosts Stake in Capital Group U.S. Small and Mid Cap ETF $CGMM

Valmark Advisers Inc. grew its holdings in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 47.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 208,654 shares of the company’s stock after acquiring an additional 66,928 shares during the period. Valmark Advisers Inc. owned about 0.28% of Capital Group U.S. Small and Mid Cap ETF worth $6,126,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CGMM. Comerica Bank acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter worth about $29,000. Raymond James Financial Inc. acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter valued at approximately $30,000. CIBC Private Wealth Group LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter valued at approximately $38,000. Capital Analysts LLC increased its holdings in Capital Group U.S. Small and Mid Cap ETF by 1,083.5% during the 4th quarter. Capital Analysts LLC now owns 1,361 shares of the company’s stock worth $39,000 after purchasing an additional 1,246 shares during the last quarter. Finally, CWM LLC increased its holdings in Capital Group U.S. Small and Mid Cap ETF by 37.3% during the 4th quarter. CWM LLC now owns 1,990 shares of the company’s stock worth $57,000 after purchasing an additional 541 shares during the last quarter.

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

Shares of CGMM traded down $0.04 during trading on Friday, reaching $32.51. The company’s stock had a trading volume of 683,171 shares, compared to its average volume of 1,097,529. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 21.71 and a beta of 0.81. The company has a fifty day moving average of $31.89 and a two-hundred day moving average of $30.90. Capital Group U.S. Small and Mid Cap ETF has a twelve month low of $26.68 and a twelve month high of $33.25.

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.