J. Derek Lewis & Associates Inc. Makes New Investment in Capital Group U.S. Small and Mid Cap ETF $CGMM

J. Derek Lewis & Associates Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 170,927 shares of the company’s stock, valued at approximately $4,930,000. Capital Group U.S. Small and Mid Cap ETF comprises approximately 1.2% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 17th largest position.

Other institutional investors have also recently made changes to their positions in the company. Wedbush Securities Inc. raised its position in shares of Capital Group U.S. Small and Mid Cap ETF by 5.0% during the fourth quarter. Wedbush Securities Inc. now owns 7,640 shares of the company’s stock worth $220,000 after acquiring an additional 363 shares during the last quarter. Pines Wealth Management LLC boosted its holdings in Capital Group U.S. Small and Mid Cap ETF by 1.5% in the fourth quarter. Pines Wealth Management LLC now owns 34,321 shares of the company’s stock valued at $990,000 after acquiring an additional 499 shares during the last quarter. Sovran Advisors LLC increased its position in Capital Group U.S. Small and Mid Cap ETF by 2.3% during the 4th quarter. Sovran Advisors LLC now owns 23,842 shares of the company’s stock valued at $736,000 after purchasing an additional 528 shares during the period. CWM LLC increased its position in Capital Group U.S. Small and Mid Cap ETF by 37.3% during the 4th quarter. CWM LLC now owns 1,990 shares of the company’s stock valued at $57,000 after purchasing an additional 541 shares during the period. Finally, Farther Finance Advisors LLC increased its position in Capital Group U.S. Small and Mid Cap ETF by 21.3% during the 4th quarter. Farther Finance Advisors LLC now owns 3,131 shares of the company’s stock valued at $90,000 after purchasing an additional 549 shares during the period.

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

Capital Group U.S. Small and Mid Cap ETF stock opened at $32.28 on Friday. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $25.71 and a 52-week high of $32.58. The firm has a 50 day moving average price of $31.53 and a two-hundred day moving average price of $30.53. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 21.71 and a beta of 0.86.

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.