Stephens Inc. AR Invests $7.01 Million in Capital Group U.S. Small and Mid Cap ETF $CGMM

Stephens Inc. AR acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 260,608 shares of the company’s stock, valued at approximately $7,005,000. Stephens Inc. AR owned 1.86% of Capital Group U.S. Small and Mid Cap ETF as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the first quarter worth approximately $246,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the first quarter valued at approximately $719,000. Envestnet Asset Management Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the first quarter valued at approximately $18,458,000. Truist Financial Corp boosted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 6.2% in the second quarter. Truist Financial Corp now owns 21,242 shares of the company’s stock valued at $571,000 after buying an additional 1,238 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the first quarter valued at approximately $1,482,000.

Capital Group U.S. Small and Mid Cap ETF Trading Up 1.0%

Shares of CGMM stock opened at $28.41 on Tuesday. The stock has a market cap of $784.12 million and a P/E ratio of 21.71. The stock has a 50 day simple moving average of $28.24 and a 200 day simple moving average of $26.50. Capital Group U.S. Small and Mid Cap ETF has a 1 year low of $20.57 and a 1 year high of $28.80.

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