Benjamin Edwards Inc. Has $5.92 Million Stake in Capital Group U.S. Small and Mid Cap ETF $CGMM

Benjamin Edwards Inc. boosted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 116.4% during the third quarter, Holdings Channel reports. The institutional investor owned 208,340 shares of the company’s stock after acquiring an additional 112,076 shares during the quarter. Benjamin Edwards Inc.’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $5,915,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of CGMM. Pines Wealth Management LLC increased its stake in Capital Group U.S. Small and Mid Cap ETF by 6.4% in the second quarter. Pines Wealth Management LLC now owns 34,618 shares of the company’s stock valued at $951,000 after acquiring an additional 2,095 shares during the period. Sovran Advisors LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at approximately $611,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 35.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 83,792 shares of the company’s stock valued at $2,302,000 after purchasing an additional 21,742 shares during the period. LongView Wealth Management acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter worth approximately $453,000. Finally, Trinity Wealth Management LLC bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth approximately $523,000.

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

Shares of NYSEARCA:CGMM opened at $30.44 on Friday. The business’s fifty day moving average price is $28.73 and its two-hundred day moving average price is $28.19. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $20.57 and a fifty-two week high of $30.49. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 21.71 and a beta of 1.27.

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.