Assetmark Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 37,334 shares of the company’s stock, valued at approximately $1,004,000.
Other large investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the first quarter worth approximately $246,000. Envestnet Asset Management Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 1st quarter worth approximately $18,458,000. Truist Financial Corp grew its position in shares of Capital Group U.S. Small and Mid Cap ETF by 6.2% during the 2nd quarter. Truist Financial Corp now owns 21,242 shares of the company’s stock worth $571,000 after buying an additional 1,238 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 35.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 83,792 shares of the company’s stock worth $2,302,000 after acquiring an additional 21,742 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth $890,000.
Capital Group U.S. Small and Mid Cap ETF Stock Up 0.7%
Shares of Capital Group U.S. Small and Mid Cap ETF stock opened at $28.24 on Thursday. The stock has a market cap of $847.20 million, a PE ratio of 21.71 and a beta of 1.27. Capital Group U.S. Small and Mid Cap ETF has a 12 month low of $20.57 and a 12 month high of $28.86. The business has a fifty day simple moving average of $28.34 and a 200 day simple moving average of $27.02.
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.
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