Souders Financial Advisors Increases Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Souders Financial Advisors boosted its position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 2,273.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 230,840 shares of the company’s stock after acquiring an additional 221,116 shares during the period. Souders Financial Advisors owned about 0.77% of Capital Group U.S. Small and Mid Cap ETF worth $6,554,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth $890,000. Truist Financial Corp boosted its stake in Capital Group U.S. Small and Mid Cap ETF by 6.2% in the 2nd quarter. Truist Financial Corp now owns 21,242 shares of the company’s stock worth $571,000 after buying an additional 1,238 shares during the last quarter. Barrett & Company Inc. boosted its stake in Capital Group U.S. Small and Mid Cap ETF by 10.7% in the 2nd quarter. Barrett & Company Inc. now owns 5,675 shares of the company’s stock worth $153,000 after buying an additional 550 shares during the last quarter. Ergawealth Advisors Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at about $2,600,000. Finally, Wise Wealth Partners acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter valued at about $1,610,000.

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

CGMM opened at $29.94 on Friday. The company’s 50 day simple moving average is $29.56 and its 200 day simple moving average is $28.56. Capital Group U.S. Small and Mid Cap ETF has a 1 year low of $20.57 and a 1 year high of $31.17. The stock has a market capitalization of $1.34 billion, a PE ratio of 21.71 and a beta of 1.27.

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.