MGMT - ETF AI Analysis

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Ballast Small/Mid Cap ETF (MGMT)

Rating:63Neutral

Price Target:―

The Ballast Small/Mid Cap ETF (MGMT) has a solid overall rating, reflecting a mix of strong performers and some weaker holdings. Cavco Industries (CVCO) stands out as a key contributor due to its strong financial performance, effective cash flow management, and positive growth outlook. However, weaker holdings like CompoSecure (CMPO), which faces financial instability and bearish momentum, may have slightly weighed on the fund's rating. A notable risk is the ETF's exposure to companies with mixed technical indicators, which could lead to short-term volatility.

Positive Factors

Strong Top Holdings

Several key holdings, such as Bel Fuse Inc and Solaris Energy Infrastructure, have delivered strong year-to-date performance, supporting the ETF's overall returns.

Sector Diversification

The ETF is spread across ten sectors, including Industrials, Technology, and Energy, reducing reliance on any single industry.

Steady Long-Term Performance

The ETF has shown solid three-month and year-to-date performance, indicating resilience over time.

Negative Factors

High Expense Ratio

The ETF charges a relatively high expense ratio, which can eat into investor returns compared to lower-cost alternatives.

Underperforming Holdings

Some top holdings, like Natural Resource PRN and Federal Agricultural, have lagged year-to-date, potentially dragging on overall performance.

Limited Geographic Exposure

With nearly all assets concentrated in U.S. companies, the ETF lacks diversification across global markets.

MGMT vs. SPDR S&P 500 ETF (SPY)

AUM150.18M

RegionNorth America

Expense Ratio1.10%

Beta0.95

IssuerBallast

Inception DateDec 02, 2020

Dividend Yield0.49%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume4,797

30 Day Avg. Volume10,999

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

51.86

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering54

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

MGMT Summary

The Ballast Small/Mid Cap ETF (MGMT) focuses on small and mid-sized companies in the U.S., offering investors a chance to diversify beyond large-cap stocks. It includes businesses from various sectors like technology, energy, and industrials, with top holdings such as Natural Resource Partners and Climb Global Solutions. This ETF is ideal for those seeking growth potential from smaller companies that often drive innovation and economic expansion. However, new investors should be aware that small and mid-cap stocks can be more volatile than larger companies, meaning their value can fluctuate significantly with market conditions.

How much will it cost me?The Ballast Small/Mid Cap ETF (MGMT) has an expense ratio of 1.1%, meaning you’ll pay $11 per year for every $1,000 invested. This is higher than average because it is actively managed, which typically involves more research and trading compared to passively managed funds that track an index.

What would affect this ETF?The Ballast Small/Mid Cap ETF (MGMT) could benefit from economic growth and innovation in sectors like technology and industrials, which make up a significant portion of its holdings. However, it may face challenges during periods of economic uncertainty or rising interest rates, which can negatively impact smaller companies and sectors like financials and consumer cyclical. Additionally, its focus on U.S. small and mid-cap stocks means it is sensitive to domestic economic conditions and regulatory changes.

MGMT Top 10 Holdings

The Ballast Small/Mid Cap ETF (MGMT) leans heavily into industrials and technology, with a notable presence in energy and materials, creating a diversified yet sector-focused portfolio. Cavco Industries and Turning Point Brands are bright spots, showing steady growth and strong earnings momentum, helping to lift the fund’s overall performance. However, Climb Global Solutions and Federal Agricultural are lagging, weighed down by bearish technical trends and valuation concerns. With its U.S.-centric exposure, MGMT offers a dynamic mix of innovation and resilience, though some holdings are struggling to find their footing in a challenging market environment.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NRP	Natural Resource PRN	5.02%	$7.55M	$1.37B	-4.94%	67 Neutral
CLMB	Climb Global Solutions	3.93%	$5.91M	$468.86M	-25.77%	73 Outperform
CVCO	Cavco Industries	3.29%	$4.95M	$4.56B	12.47%	80 Outperform
BELFB	Bel Fuse Inc	3.01%	$4.52M	$1.91B	87.94%	55 Neutral
TPB	Turning Point Brands	2.99%	$4.49M	$1.89B	62.72%	67 Neutral
AGM	Federal Agricultural	2.92%	$4.38M	$1.85B	-18.63%	68 Neutral
AZZ	AZZ	2.62%	$3.94M	$3.15B	9.47%	73 Outperform
CMPO	CompoSecure	2.59%	$3.89M	$2.47B	21.05%	53 Neutral
BCO	Brink's Company	2.59%	$3.89M	$4.68B	16.08%	68 Neutral
CBNK	Capital Bancorp	2.56%	$3.85M	$464.57M	-5.48%	67 Neutral

MGMT Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

43.26

Positive

100DMA

42.91

Positive

200DMA

40.74

Positive

Market Momentum

MACD

-0.05

Negative

RSI

56.22

Neutral

STOCH

93.18

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MGMT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 42.66, equal to the 50-day MA of 43.26, and equal to the 200-day MA of 40.74, indicating a bullish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 56.22 is Neutral, neither overbought nor oversold. The STOCH value of 93.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MGMT.

MGMT Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
MGMT	―	―	$150.18M	1.10%	―
RSMC	―	―	$722.89M	0.75%	―
MSSM	―	―	$684.58M	0.57%	―
NBSM	―	―	$193.88M	0.65%	―
SMIZ	―	―	$163.80M	0.56%	―
SMCO	―	―	$131.63M	0.55%	―

Performance Comparison

MGMT

Ballast Small/Mid Cap ETF

43.51

-0.22

-0.50%

RSMC

Rockefeller U.S. Small-Mid Cap ETF

―

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

―

NBSM

Neuberger Berman Small-Mid Cap ETF

―

SMIZ

Zacks Small/Mid Cap ETF

―

SMCO

Hilton Small-MidCap Opportunity ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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