Cetera Investment Advisers Increases Stock Holdings in Capital Group U.S. Small and Mid Cap ETF $CGMM

Cetera Investment Advisers lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 30.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,520,291 shares of the company’s stock after buying an additional 350,828 shares during the quarter. Cetera Investment Advisers’ holdings in Capital Group U.S. Small and Mid Cap ETF were worth $44,636,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Sei Investments Co. boosted its position in shares of 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 worth $6,531,000 after buying an additional 228,801 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter valued at about $30,000. Benjamin Edwards Inc. raised its position in Capital Group U.S. Small and Mid Cap ETF by 134.1% during the second quarter. Benjamin Edwards Inc. now owns 96,264 shares of the company’s stock worth $2,588,000 after acquiring an additional 55,149 shares during the last quarter. MML Investors Services LLC raised its position in Capital Group U.S. Small and Mid Cap ETF by 37.2% during the second quarter. MML Investors Services LLC now owns 229,187 shares of the company’s stock worth $6,161,000 after acquiring an additional 62,129 shares during the last quarter. Finally, Orion Porfolio Solutions LLC acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the second quarter worth about $851,000.

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

Shares of NYSEARCA CGMM opened at $31.82 on Friday. The firm’s 50-day moving average is $32.02 and its two-hundred day moving average is $31.10. The company has a market capitalization of $3.12 billion, a PE ratio of 21.71 and a beta of 0.81. Capital Group U.S. Small and Mid Cap ETF has a 12-month low of $26.68 and a 12-month high of $33.25.

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.