Capital Group U.S. Small and Mid Cap ETF $CGMM Shares Acquired by Assetmark Inc.

Assetmark Inc. lifted its stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 18.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 890,379 shares of the company’s stock after acquiring an additional 139,216 shares during the period. Assetmark Inc.’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $26,142,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wells Fargo & Company MN grew its position in Capital Group U.S. Small and Mid Cap ETF by 349.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,588,268 shares of the company’s stock valued at $45,806,000 after acquiring an additional 1,234,872 shares in the last quarter. LPL Financial LLC lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF by 48.7% during the fourth quarter. LPL Financial LLC now owns 2,955,064 shares of the company’s stock worth $85,224,000 after purchasing an additional 967,841 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 2,813.8% in the second 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. Kestra Advisory Services LLC boosted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 2,797.0% in the fourth quarter. Kestra Advisory Services LLC now owns 898,412 shares of the company’s stock valued at $25,910,000 after purchasing an additional 867,400 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Capital Group U.S. Small and Mid Cap ETF by 90.7% during the 4th quarter. Osaic Holdings Inc. now owns 1,534,907 shares of the company’s stock valued at $44,271,000 after purchasing an additional 730,173 shares in the last quarter.

Capital Group U.S. Small and Mid Cap ETF Trading Down 0.6%

CGMM opened at $31.94 on Friday. Capital Group U.S. Small and Mid Cap ETF has a twelve month low of $26.68 and a twelve month high of $33.25. The firm has a market cap of $3.06 billion, a price-to-earnings ratio of 21.71 and a beta of 0.81. The company has a fifty day simple moving average of $31.95 and a 200 day simple moving average of $31.00.

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.