Kestra Investment Management LLC Acquires 128,841 Shares of Capital Group U.S. Small and Mid Cap ETF $CGMM

Kestra Investment Management LLC increased its holdings in Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 17.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 873,380 shares of the company’s stock after acquiring an additional 128,841 shares during the quarter. Kestra Investment Management LLC owned approximately 0.76% of Capital Group U.S. Small and Mid Cap ETF worth $27,040,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its position in Capital Group U.S. Small and Mid Cap ETF by 14.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,481,145 shares of the company’s stock worth $345,563,000 after purchasing an additional 1,361,364 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in Capital Group U.S. Small and Mid Cap ETF by 3.7% in the third quarter. Commonwealth Equity Services LLC now owns 1,703,879 shares of the company’s stock valued at $52,752,000 after purchasing an additional 60,159 shares during the period. Cetera Investment Advisers increased its stake in Capital Group U.S. Small and Mid Cap ETF by 30.0% in the first quarter. Cetera Investment Advisers now owns 1,520,291 shares of the company’s stock valued at $44,636,000 after purchasing an additional 350,828 shares during the period. Kestra Advisory Services LLC increased its stake in Capital Group U.S. Small and Mid Cap ETF by 12.1% in the third quarter. Kestra Advisory Services LLC now owns 1,119,437 shares of the company’s stock valued at $34,658,000 after purchasing an additional 120,701 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 30.2% in the first quarter. Sei Investments Co. now owns 977,455 shares of the company’s stock valued at $28,698,000 after buying an additional 226,974 shares during the last quarter.

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

Shares of NYSEARCA:CGMM opened at $31.88 on Tuesday. Capital Group U.S. Small and Mid Cap ETF has a one year low of $26.80 and a one year high of $33.84. The stock has a market capitalization of $3.66 billion, a price-to-earnings ratio of 21.71 and a beta of 0.85. The company has a 50-day simple moving average of $31.57 and a 200-day simple moving average of $31.48.

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.