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

J. Derek Lewis & Associates Inc. raised its position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 15.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 325,129 shares of the company’s stock after purchasing an additional 43,503 shares during the quarter. Capital Group U.S. Small and Mid Cap ETF comprises 1.8% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 15th biggest position. J. Derek Lewis & Associates Inc.’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $10,066,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 14.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,481,145 shares of the company’s stock worth $345,563,000 after buying an additional 1,361,364 shares during the last quarter. Wedbush Securities Inc. lifted its holdings in Capital Group U.S. Small and Mid Cap ETF by 9,617.8% in the second quarter. Wedbush Securities Inc. now owns 709,887 shares of the company’s stock valued at $28,265,000 after acquiring an additional 702,582 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Capital Group U.S. Small and Mid Cap ETF by 438.4% in the second quarter. Baird Financial Group Inc. now owns 509,926 shares of the company’s stock valued at $16,812,000 after acquiring an additional 415,219 shares during the last quarter. KWB Wealth acquired a new position in Capital Group U.S. Small and Mid Cap ETF in the second quarter valued at approximately $12,517,000. Finally, Cetera Investment Advisers lifted its holdings in Capital Group U.S. Small and Mid Cap ETF by 30.0% in the first quarter. Cetera Investment Advisers now owns 1,520,291 shares of the company’s stock valued at $44,636,000 after acquiring an additional 350,828 shares during the last quarter.

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

Shares of Capital Group U.S. Small and Mid Cap ETF stock opened at $30.94 on Friday. The firm has a market capitalization 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 has a fifty-two week low of $26.80 and a fifty-two week high of $33.84. The stock has a 50 day moving average of $31.58 and a 200 day moving average of $31.47.

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