Capital Group U.S. Small and Mid Cap ETF $CGMM Position Cut by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC trimmed its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 33.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 43,916 shares of the company’s stock after selling 21,711 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $1,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Pines Wealth Management LLC grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 1.5% in the 4th quarter. Pines Wealth Management LLC now owns 34,321 shares of the company’s stock worth $990,000 after buying an additional 499 shares in the last quarter. Sovran Advisors LLC grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 2.3% in the 4th quarter. Sovran Advisors LLC now owns 23,842 shares of the company’s stock worth $736,000 after buying an additional 528 shares in the last quarter. CWM LLC grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 37.3% in the 4th quarter. CWM LLC now owns 1,990 shares of the company’s stock worth $57,000 after buying an additional 541 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 21.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,131 shares of the company’s stock worth $90,000 after buying an additional 549 shares in the last quarter. Finally, Trinity Wealth Management LLC grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 4.2% in the 4th quarter. Trinity Wealth Management LLC now owns 23,560 shares of the company’s stock worth $679,000 after buying an additional 949 shares in the last quarter.

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

Shares of CGMM stock opened at $31.82 on Monday. Capital Group U.S. Small and Mid Cap ETF has a 12-month low of $25.25 and a 12-month high of $32.38. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 21.71 and a beta of 0.92. The business has a 50 day simple moving average of $30.82 and a 200 day simple moving average of $30.12.

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.