Independent Financial Group LLC Takes $2.97 Million Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Independent Financial Group LLC acquired a new position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 101,103 shares of the company’s stock, valued at approximately $2,968,000.

Several other large investors have also modified their holdings of CGMM. LPL Financial LLC grew its stake in Capital Group U.S. Small and Mid Cap ETF by 48.7% in the 4th quarter. LPL Financial LLC now owns 2,955,064 shares of the company’s stock valued at $85,224,000 after buying an additional 967,841 shares during the last quarter. Wells Fargo & Company MN lifted its position in Capital Group U.S. Small and Mid Cap ETF by 349.4% during the 4th quarter. Wells Fargo & Company MN now owns 1,588,268 shares of the company’s stock worth $45,806,000 after acquiring an additional 1,234,872 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in Capital Group U.S. Small and Mid Cap ETF by 90.7% during the fourth quarter. Osaic Holdings Inc. now owns 1,534,907 shares of the company’s stock valued at $44,271,000 after acquiring an additional 730,173 shares during the period. Merit Financial Group LLC grew its position in shares of Capital Group U.S. Small and Mid Cap ETF by 3.4% in the fourth quarter. Merit Financial Group LLC now owns 1,360,431 shares of the company’s stock valued at $39,235,000 after purchasing an additional 44,397 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of 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 during the period.

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

Capital Group U.S. Small and Mid Cap ETF stock opened at $31.94 on Friday. Capital Group U.S. Small and Mid Cap ETF has a 52 week low of $26.68 and a 52 week high of $33.25. The firm has a market capitalization of $3.06 billion, a PE ratio of 21.71 and a beta of 0.81. The business’s 50-day simple moving average is $31.95 and its 200-day simple moving average is $31.00.

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.