J. Derek Lewis & Associates Inc. Buys Shares of 170,927 Capital Group U.S. Small and Mid Cap ETF $CGMM

J. Derek Lewis & Associates Inc. purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 170,927 shares of the company’s stock, valued at approximately $4,930,000. Capital Group U.S. Small and Mid Cap ETF makes up about 1.2% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 17th biggest position. J. Derek Lewis & Associates Inc. owned approximately 0.37% of Capital Group U.S. Small and Mid Cap ETF as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Sei Investments Co. increased its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 1,613.3% in the second quarter. Sei Investments Co. now owns 242,983 shares of the company’s stock valued at $6,531,000 after buying an additional 228,801 shares during the period. Raymond James Financial Inc. acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth approximately $30,000. Benjamin Edwards Inc. boosted 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 buying an additional 55,149 shares during the period. MML Investors Services LLC boosted 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 buying an additional 62,129 shares during the period. Finally, Orion Porfolio Solutions LLC bought a new stake in Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth approximately $851,000.

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

CGMM opened at $32.28 on Friday. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $25.71 and a fifty-two week high of $32.58. The company’s 50 day moving average price is $31.53 and its two-hundred day moving average price is $30.53. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 21.71 and a beta of 0.86.

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.