Capital Group U.S. Small and Mid Cap ETF $CGMM Shares Newly Purchased by Center For Asset Management LLC

Center For Asset Management LLC bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 22,628 shares of the company’s stock, valued at approximately $701,000.

Several other institutional investors have also modified their holdings of CGMM. Envestnet Asset Management Inc. boosted its holdings in Capital Group U.S. Small and Mid Cap ETF by 14.9% in the second quarter. Envestnet Asset Management Inc. now owns 10,481,145 shares of the company’s stock valued at $345,563,000 after purchasing an additional 1,361,364 shares during the last quarter. Cetera Investment Advisers grew its stake in Capital Group U.S. Small and Mid Cap ETF by 30.0% during the 1st quarter. Cetera Investment Advisers now owns 1,520,291 shares of the company’s stock valued at $44,636,000 after purchasing an additional 350,828 shares in the last quarter. Sei Investments Co. grew its stake in Capital Group U.S. Small and Mid Cap ETF by 30.2% during the 1st quarter. Sei Investments Co. now owns 977,455 shares of the company’s stock valued at $28,698,000 after purchasing an additional 226,974 shares in the last quarter. Wedbush Securities Inc. grew its stake in Capital Group U.S. Small and Mid Cap ETF by 9,617.8% during the 2nd quarter. Wedbush Securities Inc. now owns 709,887 shares of the company’s stock valued at $28,265,000 after purchasing an additional 702,582 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Capital Group U.S. Small and Mid Cap ETF by 10.9% during the 2nd quarter. NewEdge Advisors LLC now owns 824,209 shares of the company’s stock worth $27,174,000 after purchasing an additional 80,691 shares during the last quarter.

Capital Group U.S. Small and Mid Cap ETF Stock Down 1.2%

CGMM stock opened at $30.97 on Friday. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $26.80 and a 52-week high of $33.84. The stock’s 50 day moving average is $32.16 and its two-hundred day moving average is $31.85. The company has a market capitalization of $3.48 billion, a PE 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.