Jones Financial Companies Lllp Takes $3 Million Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Jones Financial Companies Lllp bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 105,915 shares of the company’s stock, valued at approximately $3,001,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Janney Montgomery Scott LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter valued at $890,000. Truist Financial Corp lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF by 6.2% during the second quarter. Truist Financial Corp now owns 21,242 shares of the company’s stock valued at $571,000 after purchasing an additional 1,238 shares in the last quarter. Valmark Advisers Inc. purchased a new position in Capital Group U.S. Small and Mid Cap ETF during the second quarter worth about $339,000. Concurrent Investment Advisors LLC grew its position in Capital Group U.S. Small and Mid Cap ETF by 139.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 96,946 shares of the company’s stock worth $2,606,000 after purchasing an additional 56,382 shares in the last quarter. Finally, RFG Advisory LLC purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at about $632,000.

Capital Group U.S. Small and Mid Cap ETF Stock Up 3.1%

Capital Group U.S. Small and Mid Cap ETF stock opened at $31.09 on Friday. 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 company’s 50 day moving average price is $29.77 and its two-hundred day moving average price is $28.67. The stock has a market cap of $1.46 billion, a P/E ratio of 21.71 and a beta of 1.27.

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.