Gateway Wealth Partners LLC Takes $3.22 Million Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Gateway Wealth Partners LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 109,720 shares of the company’s stock, valued at approximately $3,221,000. Gateway Wealth Partners LLC owned about 0.15% of Capital Group U.S. Small and Mid Cap ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Wedbush Securities Inc. boosted its position in Capital Group U.S. Small and Mid Cap ETF by 5.0% during the 4th quarter. Wedbush Securities Inc. now owns 7,640 shares of the company’s stock valued at $220,000 after buying an additional 363 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 2.0% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 23,230 shares of the company’s stock worth $682,000 after acquiring an additional 450 shares during the last quarter. Harbor Investment Advisory LLC increased its position in shares of Capital Group U.S. Small and Mid Cap ETF by 20.0% in the first quarter. Harbor Investment Advisory LLC now owns 2,886 shares of the company’s stock valued at $85,000 after acquiring an additional 480 shares during the period. Pines Wealth Management LLC increased its position in shares of Capital Group U.S. Small and Mid Cap ETF by 1.5% in the fourth quarter. Pines Wealth Management LLC now owns 34,321 shares of the company’s stock valued at $990,000 after acquiring an additional 499 shares during the period. Finally, Sovran Advisors LLC raised its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 2.2% during the first quarter. Sovran Advisors LLC now owns 24,365 shares of the company’s stock valued at $770,000 after acquiring an additional 523 shares during the last quarter.

Capital Group U.S. Small and Mid Cap ETF Stock Up 0.8%

Shares of Capital Group U.S. Small and Mid Cap ETF stock opened at $32.06 on Tuesday. The company has a market cap of $3.15 billion, a PE ratio of 21.71 and a beta of 0.81. The business has a 50 day moving average of $32.04 and a 200 day moving average of $31.12. 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.

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.