Stratos Wealth Partners LTD. Boosts Stake in Capital Group U.S. Small and Mid Cap ETF $CGMM

Stratos Wealth Partners LTD. increased its position in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 120.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 39,570 shares of the company’s stock after purchasing an additional 21,588 shares during the period. Stratos Wealth Partners LTD. owned 0.09% of Capital Group U.S. Small and Mid Cap ETF worth $1,141,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CGMM. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 181.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,204,921 shares of the company’s stock valued at $147,768,000 after purchasing an additional 3,358,406 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 3,215.7% in the 3rd quarter. Merit Financial Group LLC now owns 1,316,034 shares of the company’s stock valued at $37,362,000 after purchasing an additional 1,276,343 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 2,813.8% in the 2nd 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 last quarter. NewEdge Advisors LLC purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at about $13,595,000. Finally, Assetmark Inc. lifted its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 1,332.0% in the 3rd quarter. Assetmark Inc. now owns 534,638 shares of the company’s stock valued at $15,178,000 after purchasing an additional 497,304 shares during the last quarter.

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

Capital Group U.S. Small and Mid Cap ETF stock opened at $30.67 on Thursday. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $20.73 and a fifty-two week high of $31.65. The company has a market capitalization of $2.10 billion, a P/E ratio of 21.71 and a beta of 1.06. The stock has a 50-day simple moving average of $30.27 and a 200-day simple moving average of $29.35.

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.