Jones Financial Companies Lllp Takes $3 Million Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Jones Financial Companies Lllp purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 105,915 shares of the company’s stock, valued at approximately $3,001,000. Jones Financial Companies Lllp owned 0.35% of Capital Group U.S. Small and Mid Cap ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CGMM. Envestnet Asset Management Inc. grew its stake in Capital Group U.S. Small and Mid Cap ETF by 139.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,846,515 shares of the company’s stock valued at $49,634,000 after acquiring an additional 1,073,891 shares during the period. Merit Financial Group LLC lifted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 3,215.7% in the 3rd quarter. Merit Financial Group LLC now owns 1,316,034 shares of the company’s stock worth $37,362,000 after purchasing an additional 1,276,343 shares in the last quarter. Captrust Financial Advisors grew its position in Capital Group U.S. Small and Mid Cap ETF by 2,813.8% in the 2nd quarter. Captrust Financial Advisors now owns 923,440 shares of the company’s stock valued at $24,822,000 after purchasing an additional 891,748 shares during the period. Commonwealth Equity Services LLC increased its stake in Capital Group U.S. Small and Mid Cap ETF by 10.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 722,752 shares of the company’s stock valued at $20,519,000 after purchasing an additional 68,591 shares in the last quarter. Finally, Main Line Retirement Advisors LLC raised its holdings in Capital Group U.S. Small and Mid Cap ETF by 5.8% during the third quarter. Main Line Retirement Advisors LLC now owns 517,395 shares of the company’s stock worth $14,689,000 after buying an additional 28,488 shares during the last quarter.

Capital Group U.S. Small and Mid Cap ETF Trading Up 3.1%

Capital Group U.S. Small and Mid Cap ETF stock opened at $31.09 on Friday. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 21.71 and a beta of 1.27. The firm’s fifty day moving average price is $29.77 and its two-hundred day moving average price is $28.67. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $20.57 and a 1-year high of $31.17.

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

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.