NewEdge Advisors LLC Has $21.83 Million Stock Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

NewEdge Advisors LLC raised its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 10.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 743,518 shares of the company’s stock after purchasing an additional 67,790 shares during the quarter. NewEdge Advisors LLC owned 0.99% of Capital Group U.S. Small and Mid Cap ETF worth $21,830,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 4th quarter worth $778,000. Wealth Science Advisors LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF in the fourth quarter valued at about $2,690,000. Michael Brady & Co. LLC acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the fourth quarter worth about $870,000. Truist Financial Corp raised its stake in Capital Group U.S. Small and Mid Cap ETF by 19.1% during the fourth quarter. Truist Financial Corp now owns 112,207 shares of the company’s stock worth $3,236,000 after acquiring an additional 17,991 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 30.4% in the fourth quarter. Cullen Frost Bankers Inc. now owns 98,043 shares of the company’s stock worth $2,828,000 after acquiring an additional 22,863 shares during the last quarter.

Capital Group U.S. Small and Mid Cap ETF Trading Up 0.9%

CGMM opened at $33.14 on Friday. The company’s 50 day moving average is $32.22 and its 200-day moving average is $31.24. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $26.80 and a 1-year high of $33.25. The company has a market cap of $3.26 billion, a P/E ratio of 21.71 and a beta of 0.83.

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.