Assetmark Inc. Increases Stock Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Assetmark Inc. lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 18.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 890,379 shares of the company’s stock after buying an additional 139,216 shares during the period. Assetmark Inc. owned approximately 1.19% of Capital Group U.S. Small and Mid Cap ETF worth $26,142,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Sei Investments Co. grew its position in Capital Group U.S. Small and Mid Cap ETF by 1,613.3% during the second 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. purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth about $30,000. Benjamin Edwards Inc. increased its position in Capital Group U.S. Small and Mid Cap ETF by 134.1% during 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 in the last quarter. MML Investors Services LLC increased its position in Capital Group U.S. Small and Mid Cap ETF by 37.2% during the 2nd quarter. MML Investors Services LLC now owns 229,187 shares of the company’s stock worth $6,161,000 after purchasing an additional 62,129 shares in the last quarter. Finally, Orion Porfolio Solutions LLC acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at approximately $851,000.

Capital Group U.S. Small and Mid Cap ETF Stock Down 0.6%

Capital Group U.S. Small and Mid Cap ETF stock opened at $31.94 on Friday. The firm has a fifty day moving average of $31.95 and a 200-day moving average of $31.00. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $26.68 and a 52-week high of $33.25. The firm has a market capitalization of $3.06 billion, a P/E ratio of 21.71 and a beta of 0.81.

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.