Ballast Small/Mid Cap ETF (MGMT)
|Ex-Dividend Date||Dec 30, 2021|
|Day's Range||34.37 - 34.38|
|Inception Date||Dec 2, 2020|
Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.
Top 10 Holdings30.26% of assets
|Solaris Oilfield Infrastructure||SOI||2.91%|
|Wayside Technology Group||WSTG||2.55%|
|Dec 30, 2021||$0.0964||Jan 5, 2022|
Small-capitalization stocks and related exchange traded funds are experiencing a great run, one that may still have legs. Among the best performing small cap ETFs of 2021, the Ballast Small/Midcap ETF (...
Ballast Asset Management (“Ballast”), a fundamental equity manager, launched the Ballast Small/Midcap ETF (NYSE: MGMT) on Thursday. This is one of the first ETFs to trade small capitalization equities a...