Envestnet Portfolio Solutions Inc. Grows Stock Holdings in Capital Group U.S. Small and Mid Cap ETF $CGMM

Envestnet Portfolio Solutions Inc. raised its stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 19.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,929 shares of the company’s stock after buying an additional 17,771 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.23% of Capital Group U.S. Small and Mid Cap ETF worth $3,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in CGMM. Sei Investments Co. boosted its position in Capital Group U.S. Small and Mid Cap ETF by 1,613.3% in the 2nd quarter. Sei Investments Co. now owns 242,983 shares of the company’s stock valued at $6,531,000 after buying an additional 228,801 shares during the period. Raymond James Financial Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at about $30,000. Benjamin Edwards Inc. boosted its position in Capital Group U.S. Small and Mid Cap ETF by 134.1% in the 2nd quarter. Benjamin Edwards Inc. now owns 96,264 shares of the company’s stock valued at $2,588,000 after buying an additional 55,149 shares during the period. MML Investors Services LLC boosted its position in Capital Group U.S. Small and Mid Cap ETF by 37.2% in the 2nd quarter. MML Investors Services LLC now owns 229,187 shares of the company’s stock valued at $6,161,000 after buying an additional 62,129 shares during the period. Finally, Orion Porfolio Solutions LLC purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at about $851,000.

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

Capital Group U.S. Small and Mid Cap ETF stock opened at $31.45 on Friday. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 21.71 and a beta of 0.92. Capital Group U.S. Small and Mid Cap ETF has a 1 year low of $25.00 and a 1 year high of $32.38. The firm has a 50-day moving average of $30.55 and a two-hundred day moving average of $29.97.

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.