Beta Wealth Group Inc. Sells 207,059 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

Beta Wealth Group Inc. lowered its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 77.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,765 shares of the company’s stock after selling 207,059 shares during the quarter. Beta Wealth Group Inc. owned about 0.20% of Capital Group U.S. Small and Mid Cap ETF worth $1,725,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CGMM. HighTower Advisors LLC grew its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 148.4% during the third quarter. HighTower Advisors LLC now owns 78,570 shares of the company’s stock valued at $2,231,000 after buying an additional 46,934 shares during the last quarter. Balboa Wealth Partners lifted its position in Capital Group U.S. Small and Mid Cap ETF by 29.5% in the 3rd quarter. Balboa Wealth Partners now owns 13,079 shares of the company’s stock valued at $371,000 after acquiring an additional 2,977 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter valued at about $86,000. Assetmark Inc. boosted its stake in Capital Group U.S. Small and Mid Cap ETF by 1,332.0% during 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. Finally, Wedbush Securities Inc. bought a new stake in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth approximately $207,000.

Capital Group U.S. Small and Mid Cap ETF Stock Up 0.9%

Shares of Capital Group U.S. Small and Mid Cap ETF stock opened at $30.93 on Tuesday. Capital Group U.S. Small and Mid Cap ETF has a 52 week low of $20.57 and a 52 week high of $31.46. The business has a 50 day moving average price of $30.05 and a 200-day moving average price of $28.80. The company has a market cap of $1.45 billion, a PE ratio of 21.71 and a beta of 1.27.

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.