J. Derek Lewis & Associates Inc. Acquires 54,877 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

J. Derek Lewis & Associates Inc. raised its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 32.1% in the 1st quarter, Holdings Channel.com reports. 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 makes up 1.5% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 15th largest position. J. Derek Lewis & Associates Inc.’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $6,658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CGMM. Ergawealth Advisors Inc. raised its position in Capital Group U.S. Small and Mid Cap ETF by 125.1% during the fourth quarter. Ergawealth Advisors Inc. now owns 749,108 shares of the company’s stock valued at $21,604,000 after acquiring an additional 416,344 shares in the last quarter. Wealth Science Advisors LLC purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the 4th quarter valued at approximately $2,690,000. Oppenheimer & Co. Inc. purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the 4th quarter valued at approximately $778,000. Michael Brady & Co. LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 4th quarter valued at $870,000. Finally, Truist Financial Corp boosted its holdings in Capital Group U.S. Small and Mid Cap ETF by 19.1% during the fourth quarter. Truist Financial Corp now owns 112,207 shares of the company’s stock worth $3,236,000 after buying an additional 17,991 shares in the last quarter.

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

CGMM stock opened at $32.15 on Friday. The firm’s fifty day moving average is $32.10 and its 200 day moving average is $31.16. The firm has a market cap of $3.15 billion, a PE ratio of 21.71 and a beta of 0.81. Capital Group U.S. Small and Mid Cap ETF has a one year low of $26.68 and a one year high of $33.25.

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.