Janney Montgomery Scott LLC Purchases 1,495 Shares of Ballast Small/Mid Cap ETF (NYSEARCA:MGMT)

Janney Montgomery Scott LLC increased its position in shares of Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) by 3.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 46,110 shares of the company’s stock after acquiring an additional 1,495 shares during the period. Janney Montgomery Scott LLC owned approximately 1.21% of Ballast Small/Mid Cap ETF worth $1,776,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Frontier Asset Management LLC grew its stake in Ballast Small/Mid Cap ETF by 3.9% in the 2nd quarter. Frontier Asset Management LLC now owns 19,240 shares of the company’s stock worth $690,000 after buying an additional 714 shares in the last quarter.

Ballast Small/Mid Cap ETF Price Performance

MGMT stock opened at $41.78 on Thursday. Ballast Small/Mid Cap ETF has a one year low of $33.40 and a one year high of $42.62. The stock has a market cap of $158.76 million, a PE ratio of 11.25 and a beta of 0.95. The firm has a 50 day simple moving average of $38.42 and a two-hundred day simple moving average of $37.20.

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.