Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) Shares Sold by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC decreased its position in shares of Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) by 25.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,241 shares of the company’s stock after selling 427 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Ballast Small/Mid Cap ETF were worth $52,000 as of its most recent SEC filing.

Separately, Janney Montgomery Scott LLC lifted its holdings in Ballast Small/Mid Cap ETF by 3.4% in the third quarter. Janney Montgomery Scott LLC now owns 46,110 shares of the company’s stock valued at $1,776,000 after acquiring an additional 1,495 shares during the period.

Ballast Small/Mid Cap ETF Price Performance

Ballast Small/Mid Cap ETF stock opened at $42.85 on Thursday. The stock has a market capitalization of $162.83 million, a PE ratio of 11.25 and a beta of 0.95. Ballast Small/Mid Cap ETF has a 12 month low of $34.73 and a 12 month high of $44.50. The business has a 50 day simple moving average of $42.52 and a 200-day simple moving average of $39.50.

Ballast Small/Mid Cap ETF Company Profile

The Ballast Small\u002FMid Cap ETF (MGMT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively-managed fund that aims for positive risk-adjusted returns. MGMT was launched on Dec 2, 2020 and is managed by Ballast.