Capital Group U.S. Small and Mid Cap ETF $CGMM Stock: Latitude Advisors LLC Boosts Position

Latitude Advisors LLC grew its position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 51.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,942 shares of the company’s stock after purchasing an additional 21,485 shares during the period. Latitude Advisors LLC’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $1,949,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of CGMM. Envestnet Asset Management Inc. raised its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 14.9% in the second quarter. Envestnet Asset Management Inc. now owns 10,481,145 shares of the company’s stock worth $345,563,000 after purchasing an additional 1,361,364 shares during the last quarter. Wedbush Securities Inc. boosted its position in Capital Group U.S. Small and Mid Cap ETF by 9,617.8% in the second quarter. Wedbush Securities Inc. now owns 709,887 shares of the company’s stock valued at $28,265,000 after buying an additional 702,582 shares during the last quarter. Baird Financial Group Inc. boosted its position in Capital Group U.S. Small and Mid Cap ETF by 438.4% in the second quarter. Baird Financial Group Inc. now owns 509,926 shares of the company’s stock valued at $16,812,000 after buying an additional 415,219 shares during the last quarter. KWB Wealth acquired a new position in Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter worth approximately $12,517,000. Finally, Cetera Investment Advisers increased its holdings in Capital Group U.S. Small and Mid Cap ETF by 30.0% in the 1st quarter. Cetera Investment Advisers now owns 1,520,291 shares of the company’s stock worth $44,636,000 after buying an additional 350,828 shares during the period.

Capital Group U.S. Small and Mid Cap ETF Trading Up 0.5%

CGMM opened at $31.45 on Wednesday. Capital Group U.S. Small and Mid Cap ETF has a 12-month low of $26.80 and a 12-month high of $33.84. The firm has a market capitalization of $3.57 billion, a PE ratio of 21.71 and a beta of 0.86. The firm has a 50 day moving average of $31.87 and a two-hundred day moving average of $31.44.

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.