Stratos Wealth Partners LTD. Takes $511,000 Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Stratos Wealth Partners LTD. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the third quarter, Holdings Channel reports. The institutional investor purchased 17,982 shares of the company’s stock, valued at approximately $511,000.

Other large investors have also recently made changes to their positions in the company. Private Trust Co. NA purchased a new position in Capital Group U.S. Small and Mid Cap ETF in the third quarter worth approximately $28,000. Raymond James Financial Inc. purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at approximately $30,000. Westside Investment Management Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter valued at $33,000. CWM LLC lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF by 384.6% during the 3rd quarter. CWM LLC now owns 1,449 shares of the company’s stock worth $41,000 after purchasing an additional 1,150 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the third quarter worth $73,000.

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

Capital Group U.S. Small and Mid Cap ETF stock opened at $31.26 on Thursday. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $20.57 and a 1-year high of $31.46. The stock has a market cap of $1.46 billion, a PE ratio of 21.71 and a beta of 1.27. The stock’s fifty day moving average is $30.13 and its two-hundred day moving average is $28.85.

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.