Tradition Wealth Management LLC Has $3.49 Million Holdings in Capital Group U.S. Small and Mid Cap ETF $CGMM

Tradition Wealth Management LLC raised its position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 74.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 120,855 shares of the company’s stock after acquiring an additional 51,495 shares during the period. Tradition Wealth Management LLC owned approximately 0.26% of Capital Group U.S. Small and Mid Cap ETF worth $3,485,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in CGMM. Sei Investments Co. grew its stake in Capital Group U.S. Small and Mid Cap ETF by 1,613.3% in the second quarter. Sei Investments Co. now owns 242,983 shares of the company’s stock valued at $6,531,000 after acquiring an additional 228,801 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at approximately $30,000. Benjamin Edwards Inc. increased its position in shares of Capital Group U.S. Small and Mid Cap ETF by 134.1% during the second quarter. Benjamin Edwards Inc. now owns 96,264 shares of the company’s stock valued at $2,588,000 after acquiring an additional 55,149 shares during the last quarter. MML Investors Services LLC increased its position in shares of Capital Group U.S. Small and Mid Cap ETF by 37.2% during the second quarter. MML Investors Services LLC now owns 229,187 shares of the company’s stock valued at $6,161,000 after acquiring an additional 62,129 shares during the last quarter. Finally, Orion Porfolio Solutions LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at $851,000.

Capital Group U.S. Small and Mid Cap ETF Trading Down 2.1%

Shares of NYSEARCA CGMM opened at $31.37 on Friday. The stock has a fifty day simple moving average of $31.06 and a two-hundred day simple moving average of $30.24. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $25.71 and a 1-year high of $32.38. The firm has a market cap of $2.35 billion, a price-to-earnings ratio of 21.71 and a beta of 0.86.

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.