Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) Stock Position Reduced by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC lessened its position in shares of Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) by 25.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,241 shares of the company’s stock after selling 427 shares during the period. 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 shares of Ballast Small/Mid Cap ETF by 3.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 46,110 shares of the company’s stock worth $1,776,000 after purchasing an additional 1,495 shares during the last quarter.

Ballast Small/Mid Cap ETF Trading Down 0.7 %

Shares of NYSEARCA MGMT opened at $42.85 on Thursday. The company has a market cap of $162.83 million, a price-to-earnings 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 stock’s 50 day simple moving average is $42.52 and its 200 day simple moving average is $39.50.

Ballast Small/Mid Cap ETF 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.