Valmark Advisers Inc. Makes New Investment in Capital Group U.S. Small and Mid Cap ETF $CGMM

Valmark Advisers Inc. bought a new position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 12,610 shares of the company’s stock, valued at approximately $339,000. Valmark Advisers Inc. owned about 0.09% of Capital Group U.S. Small and Mid Cap ETF at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the first quarter worth $246,000. Envestnet Portfolio Solutions Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the first quarter worth $719,000. Envestnet Asset Management Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the first quarter worth $18,458,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the first quarter worth $1,482,000. Finally, ORG Partners LLC increased its position in Capital Group U.S. Small and Mid Cap ETF by 1,071.1% in the second quarter. ORG Partners LLC now owns 10,189 shares of the company’s stock worth $276,000 after buying an additional 9,319 shares during the last quarter.

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

NYSEARCA:CGMM opened at $27.53 on Friday. The business has a fifty day simple moving average of $28.11 and a two-hundred day simple moving average of $26.27. Capital Group U.S. Small and Mid Cap ETF has a 1 year low of $20.57 and a 1 year high of $28.80. The company has a market capitalization of $737.80 million and a P/E ratio of 21.71.

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.