Ballast Smallmid Cap Etf Profile
| MGMT Etf | USD 44.05 0.19 0.43% |
Performance18 of 100
| Odds Of DistressLess than 9
|
Ballast SmallMid is selling for under 44.05 as of the 30th of November 2024; that is 0.43 percent increase since the beginning of the trading day. The etf's last reported lowest price was 43.93. Ballast SmallMid has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Ballast SmallMid Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in equity securities of domestic companies with small to medium market capitalizations. Ballast SmallMid is traded on NYSEARCA Exchange in the United States. More on Ballast SmallMid Cap
Moving together with Ballast Etf
Ballast Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Broad Equity ETFs, Small Blend, Ballast Asset Management (View all Sectors) |
| Issuer | Ballast Asset Management |
| Inception Date | 2020-12-02 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 164.51 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Ultimus Fund Solutions, LLC |
| Advisor | Ballast Asset Management, LP |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Ragen Stienke |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 52.0 |
| Market Maker | GTS |
| Total Expense | 1.26 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 18.5 |
| Name | Ballast SmallMid Cap ETF |
| Currency Code | USD |
| Open Figi | BBG00YC6P304 |
| In Threey Volatility | 18.92 |
| 1y Volatility | 15.72 |
| 200 Day M A | 37.3366 |
| 50 Day M A | 39.7627 |
| Code | MGMT |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.01 |
| Type | ETF |
Ballast SmallMid Cap [MGMT] is traded in USA and was established 2020-11-30. The fund is listed under Small Blend category and is part of Ballast Asset Management family. The entity is thematically classified as Size And Style ETFs. Ballast SmallMid Cap now have 59.44 M in assets. , while the total return for the last 3 years was 7.1%.
Check Ballast SmallMid Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ballast Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ballast Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ballast SmallMid Cap Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Ballast SmallMid Cap Etf Constituents
| AVID | Avid Technology | Stock | Information Technology | |
| AZZ | AZZ Incorporated | Stock | Industrials | |
| CBNK | Capital Bancorp | Stock | Financials | |
| COLL | Collegium Pharmaceutical | Stock | Health Care | |
| CRMT | Americas Car Mart | Stock | Consumer Discretionary | |
| EGLE | Eagle Bulk Shipping | Stock | Industrials | |
| EXP | Eagle Materials | Stock | Materials | |
| GPRE | Green Plains Renewable | Stock | Energy |
Ballast SmallMid Cap Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ballast SmallMid. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1567 | |||
| Jensen Alpha | 0.0643 | |||
| Total Risk Alpha | 0.0318 | |||
| Sortino Ratio | 0.1304 |
Ballast SmallMid Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ballast SmallMid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Ballast SmallMid Cap is measured differently than its book value, which is the value of Ballast that is recorded on the company's balance sheet. Investors also form their own opinion of Ballast SmallMid's value that differs from its market value or its book value, called intrinsic value, which is Ballast SmallMid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ballast SmallMid's market value can be influenced by many factors that don't directly affect Ballast SmallMid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ballast SmallMid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballast SmallMid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballast SmallMid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.