MGMT

Ballast Small/Mid Cap ETF

$42.34
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Ballast Small/Mid Cap ETF seeks to provide investment results that correspond generally to the performance of small and mid-sized U.S. companies.

Overview

ETF tracking Ballast Small/Mid Cap ETF

Category Mid Cap
Issuer Other
Inception Date 2020-12-03
Market Cap $153.5M
Average Volume N/A
Dividend Yield 0.50%
52-Week Range $33.53 - $44.74
VWAP $42.31

Performance

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Investment Summary

📎 Investment Objective

The Ballast Small/Mid Cap ETF seeks to provide investment results that correspond generally to the performance of small and mid-sized U.S. companies.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks that are designed to track the performance of the Russell 2500 Index, which measures the performance of the small and mid-cap segment of the U.S. equity universe.

✨ Key Features

  • Exposure to a diversified portfolio of small and mid-cap U.S. stocks
  • Passively managed to track the Russell 2500 Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad exposure to the small and mid-cap equity market

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The ETF's performance may be more volatile due to its focus on small and mid-cap stocks
  • Liquidity risk: Small and mid-cap stocks may be less liquid than large-cap stocks, which could affect the ETF's ability to sell holdings
  • Tracking error risk: The ETF may not perfectly track the performance of the underlying index

👤 Best For

The Ballast Small/Mid Cap ETF may be suitable for investors seeking long-term capital appreciation and exposure to the small and mid-cap segment of the U.S. equity market. It may be appropriate for investors with a moderate to high risk tolerance and a long-term investment horizon.