World Investment Advisors Buys 21,972 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

World Investment Advisors grew its stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 76.0% during the fourth quarter, HoldingsChannel reports. The fund owned 50,882 shares of the company’s stock after acquiring an additional 21,972 shares during the quarter. World Investment Advisors’ holdings in Capital Group U.S. Small and Mid Cap ETF were worth $1,467,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Advisortrust Partners LLC purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 4th quarter worth $216,000. NWF Advisory Services Inc. boosted its position in Capital Group U.S. Small and Mid Cap ETF by 22.6% during the fourth quarter. NWF Advisory Services Inc. now owns 67,756 shares of the company’s stock valued at $1,954,000 after purchasing an additional 12,474 shares in the last quarter. NewEdge Advisors LLC grew its stake in Capital Group U.S. Small and Mid Cap ETF by 20.1% in the fourth quarter. NewEdge Advisors LLC now owns 675,728 shares of the company’s stock valued at $19,488,000 after purchasing an additional 113,071 shares during the last quarter. BNB Wealth Management LLC purchased a new position in Capital Group U.S. Small and Mid Cap ETF in the fourth quarter valued at about $3,435,000. Finally, Cetera Investment Advisers raised its holdings in Capital Group U.S. Small and Mid Cap ETF by 25.1% in the fourth quarter. Cetera Investment Advisers now owns 1,169,463 shares of the company’s stock worth $33,727,000 after purchasing an additional 234,742 shares in the last quarter.

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

CGMM stock opened at $32.28 on Friday. Capital Group U.S. Small and Mid Cap ETF has a one year low of $25.71 and a one year high of $32.58. The firm has a 50-day simple moving average of $31.53 and a two-hundred day simple moving average of $30.53. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 21.71 and a beta of 0.86.

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.