43,503 Capital Group U.S. Small and Mid Cap ETF $CGMM Shares Acquired by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. increased its holdings in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 15.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 325,129 shares of the company’s stock after buying an additional 43,503 shares during the period. Capital Group U.S. Small and Mid Cap ETF comprises approximately 1.8% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 15th largest holding. J. Derek Lewis & Associates Inc. owned approximately 0.28% of Capital Group U.S. Small and Mid Cap ETF worth $10,066,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Provenance Wealth Advisors LLC purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth $46,000. North Star Investment Management Corp. acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the third quarter worth $90,000. Continuum Advisory LLC acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the second quarter worth $123,000. James T. Borello RIA purchased a new position in Capital Group U.S. Small and Mid Cap ETF during the third quarter valued at $134,000. Finally, IFP Advisors Inc lifted its holdings in Capital Group U.S. Small and Mid Cap ETF by 100.3% during the second quarter. IFP Advisors Inc now owns 5,377 shares of the company’s stock valued at $177,000 after purchasing an additional 2,693 shares in the last quarter.

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

Shares of NYSEARCA CGMM opened at $30.94 on Friday. The company’s 50-day simple moving average is $31.58 and its 200-day simple moving average is $31.47. 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 firm has a market cap of $3.55 billion, a price-to-earnings ratio of 21.71 and a beta of 0.85.

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.