MGMT - Ballast Small/Mid Cap ETF
| Assets | $17.67M |
| NAV | $33.65 |
| Expense Ratio | 1.10% |
| PE Ratio | 15.97 |
| Beta (5Y) | 1.51 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | - |
| Trading Day | April 22 |
| Last Price | $34.41 |
| Previous Close | $34.24 |
| Change ($) | 0.17 |
| Change (%) | 0.50% |
| Day's Open | 34.66 |
| Day's Range | 34.29 - 34.81 |
| Day's Volume | 21,226 |
| 52-Week Range | 25.31 - 35.41 |
Fund Description
The investment seeks to generate positive risk adjusted returns. 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.
| Asset Class Equity | Inception Date Dec 2, 2020 |
| Exchange NYSEARCA | Ticker Symbol MGMT |
Top 10 Holdings
28.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Texas Pacific Land Trust | TPL | 3.49% |
| Northern Technologies International | NTIC | 3.45% |
| Teradata | TDC | 3.35% |
| Us Dollars | n/a | 2.82% |
| Stag Industrial | STAG | 2.71% |
| Capital Bancorp | CBNK | 2.71% |
| TripAdvisor | TRIP | 2.56% |
| AstroNova | ALOT | 2.54% |
| UFP Technologies | UFPT | 2.44% |
| Avid Technology | AVID | 2.44% |
News
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...