17,260 Shares in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Acquired by NavPoint Financial Inc.

NavPoint Financial Inc. purchased a new position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the first quarter, HoldingsChannel reports. The fund purchased 17,260 shares of the company’s stock, valued at approximately $412,000.

Separately, Pines Wealth Management LLC acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 1st quarter worth approximately $777,000.

Capital Group U.S. Small and Mid Cap ETF Trading Up 1.2%

CGMM opened at $26.18 on Friday. The firm has a market cap of $246.62 million and a PE ratio of 19.21. The stock has a 50 day moving average price of $24.07. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $20.57 and a 1-year high of $26.66.

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