Essex Financial Services Inc. Has $1.95 Million Stock Holdings in Capital Group U.S. Small and Mid Cap ETF $CGMM

Essex Financial Services Inc. lifted its position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 194.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 68,672 shares of the company’s stock after purchasing an additional 45,338 shares during the quarter. Essex Financial Services Inc. owned 0.23% of Capital Group U.S. Small and Mid Cap ETF worth $1,950,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in CGMM. Private Trust Co. NA acquired a new position in Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at about $28,000. Raymond James Financial Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the second quarter worth approximately $30,000. Westside Investment Management Inc. bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at approximately $33,000. CWM LLC boosted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 384.6% in the 3rd quarter. CWM LLC now owns 1,449 shares of the company’s stock worth $41,000 after acquiring an additional 1,150 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth approximately $73,000.

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

NYSEARCA CGMM opened at $31.26 on Thursday. The stock’s 50 day simple moving average is $30.13 and its 200 day simple moving average is $28.85. Capital Group U.S. Small and Mid Cap ETF has a one year low of $20.57 and a one year high of $31.46. The firm has a market cap of $1.46 billion, a PE ratio of 21.71 and a beta of 1.27.

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