D.A. Davidson & CO. Boosts Stake in Capital Group U.S. Small and Mid Cap ETF $CGMM

D.A. Davidson & CO. grew its position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 101.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 59,616 shares of the company’s stock after buying an additional 29,983 shares during the quarter. D.A. Davidson & CO.’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $1,750,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CGMM. Comerica Bank bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at approximately $29,000. Raymond James Financial Inc. purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at approximately $30,000. CIBC Private Wealth Group LLC bought a new stake in Capital Group U.S. Small and Mid Cap ETF during the third quarter worth $38,000. Capital Analysts LLC lifted its holdings in Capital Group U.S. Small and Mid Cap ETF by 1,083.5% during the fourth quarter. Capital Analysts LLC now owns 1,361 shares of the company’s stock worth $39,000 after acquiring an additional 1,246 shares during the period. Finally, CWM LLC boosted its position in Capital Group U.S. Small and Mid Cap ETF by 37.3% in the fourth quarter. CWM LLC now owns 1,990 shares of the company’s stock worth $57,000 after purchasing an additional 541 shares during the last quarter.

Capital Group U.S. Small and Mid Cap ETF Trading Up 1.3%

CGMM stock opened at $32.14 on Wednesday. The stock has a market cap of $3.09 billion, a P/E ratio of 21.71 and a beta of 0.81. The stock’s fifty day simple moving average is $31.98 and its two-hundred day simple moving average is $31.05. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $26.68 and a 1-year high of $33.25.

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.