J. Derek Lewis & Associates Inc. Boosts Holdings in Capital Group U.S. Small and Mid Cap ETF $CGMM

J. Derek Lewis & Associates Inc. boosted its stake in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 32.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 225,804 shares of the company’s stock after acquiring an additional 54,877 shares during the period. Capital Group U.S. Small and Mid Cap ETF accounts for about 1.5% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 15th biggest position. J. Derek Lewis & Associates Inc. owned about 0.30% of Capital Group U.S. Small and Mid Cap ETF worth $6,658,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGMM. Sei Investments Co. grew its position in shares of Capital Group U.S. Small and Mid Cap ETF by 1,613.3% during the 2nd quarter. Sei Investments Co. now owns 242,983 shares of the company’s stock valued at $6,531,000 after acquiring an additional 228,801 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter worth approximately $30,000. Benjamin Edwards Inc. raised its holdings in shares of 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 worth $2,588,000 after purchasing an additional 55,149 shares during the period. MML Investors Services LLC lifted its stake in Capital Group U.S. Small and Mid Cap ETF by 37.2% in the second quarter. MML Investors Services LLC now owns 229,187 shares of the company’s stock valued at $6,161,000 after purchasing an additional 62,129 shares during the last quarter. Finally, Orion Porfolio Solutions LLC purchased a new position in Capital Group U.S. Small and Mid Cap ETF in the second quarter valued at approximately $851,000.

Capital Group U.S. Small and Mid Cap ETF Trading Up 1.2%

Shares of NYSEARCA CGMM opened at $32.15 on Friday. The stock has a fifty day simple moving average of $32.10 and a two-hundred day simple moving average of $31.16. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $26.68 and a 1-year high of $33.25. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 21.71 and a beta of 0.81.

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.