Envestnet Portfolio Solutions Inc. Acquires 64,159 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

Envestnet Portfolio Solutions Inc. raised its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 256.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 89,158 shares of the company’s stock after purchasing an additional 64,159 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.31% of Capital Group U.S. Small and Mid Cap ETF worth $2,531,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Private Trust Co. NA acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth about $28,000. Raymond James Financial Inc. acquired a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the second quarter valued at approximately $30,000. CWM LLC raised its position in Capital Group U.S. Small and Mid Cap ETF by 384.6% in the 3rd quarter. CWM LLC now owns 1,449 shares of the company’s stock worth $41,000 after purchasing an additional 1,150 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth $73,000. Finally, Barrett & Company Inc. boosted its position in Capital Group U.S. Small and Mid Cap ETF by 10.7% in the 2nd quarter. Barrett & Company Inc. now owns 5,675 shares of the company’s stock valued at $153,000 after buying an additional 550 shares during the last quarter.

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

NYSEARCA CGMM opened at $30.55 on Tuesday. The stock has a market capitalization of $1.33 billion, a P/E ratio of 21.71 and a beta of 1.27. Capital Group U.S. Small and Mid Cap ETF has a 52 week low of $20.57 and a 52 week high of $31.17. The stock has a fifty day moving average of $29.31 and a 200-day moving average of $28.49.

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.