Capital Group U.S. Small and Mid Cap ETF $CGMM Stake Increased by Harbour Investments Inc.

Harbour Investments Inc. increased its stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 54.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,572 shares of the company’s stock after buying an additional 20,671 shares during the period. Harbour Investments Inc. owned about 0.13% of Capital Group U.S. Small and Mid Cap ETF worth $1,689,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Comerica Bank bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter worth $29,000. Raymond James Financial Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the second quarter worth $30,000. Westside Investment Management Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter worth $33,000. EverSource Wealth Advisors LLC bought a new stake in Capital Group U.S. Small and Mid Cap ETF during the third quarter valued at $36,000. Finally, CIBC Private Wealth Group LLC bought a new stake in Capital Group U.S. Small and Mid Cap ETF during the third quarter valued at $38,000.

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

CGMM stock opened at $31.79 on Friday. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $25.25 and a 1-year high of $32.38. The firm has a fifty day moving average price of $30.77 and a two-hundred day moving average price of $30.10. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 21.71 and a beta of 0.92.

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.