Ballast Small/Mid Cap ETFBallast Small/Mid Cap ETFBallast Small/Mid Cap ETF

Ballast Small/Mid Cap ETF

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Key stats


Assets under management (AUM)
‪159.57 M‬USD
Fund flows (1Y)
‪−14.32 M‬USD
Dividend yield (indicated)
0.49%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪3.63 M‬
Expense ratio
1.10%

About Ballast Small/Mid Cap ETF


Issuer
Inverdale Capital Management LLC
Brand
Ballast
Home page
Inception date
Dec 2, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Ballast Asset Management LP
Distributor
Northern Lights Distributors LLC
ISIN
US90470L5509
MGMT, as an actively-managed fund, primarily invests in equity securities of small and midcap US companies which the adviser believes are underpriced, due to misperception of future earnings growth relative to their expectations for growth over the long-term. In selecting investments, emphasis is placed on those companies led by great management teams that display high quality and financially-sound attributes, leading to outperformance over the long term. Company evaluations include the following factors: (i) successful operation of their businesses in unfavorable and favorable market environments, (ii) balance sheets, (iii) cash flow, and (iv) return on capital. The fund may also invest all or substantially all of its assets in cash, cash equivalents, or, alternatively, in shares of other investment companies (including open-end and closed-end funds as well as ETFs) in order for the fund to be more fully invested.

Broaden your horizons with more funds linked to MGMT via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Extended market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Commercial Services
Finance
Stock breakdown by region
0.5%95%3%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MGMT trades at 44.13 USD today, its price has risen 0.35% in the past 24 hours. Track more dynamics on MGMT price chart.
MGMT net asset value is 44.13 today — it's risen 0.43% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MGMT assets under management is ‪159.57 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MGMT price has risen by 0.76% over the last month, and its yearly performance shows a 15.26% increase. See more dynamics on MGMT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.43% over the last month, showed a 6.96% increase in three-month performance and has increased by 15.91% in a year.
MGMT fund flows account for ‪−14.32 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MGMT invests in stocks. See more details in our Analysis section.
MGMT expense ratio is 1.10%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MGMT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MGMT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MGMT shows the buy signal. See more of MGMT technicals for a more comprehensive analysis.
Yes, MGMT pays dividends to its holders with the dividend yield of 0.49%.
MGMT trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MGMT shares are issued by Inverdale Capital Management LLC
MGMT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 2, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.