New ETF to list on Thursday: Ballast Small/Mid Cap ETF (MGMT)

UPDATE: Listed on December 7, 2020 (Monday)

Ballast Small/Mid Cap ETF

Ticker: MGMT
Exchange: NYSE Arca

Expense ratio: 1.10%

CUSIP: 90470L550

Index: Actively-managed

Adviser: Ballast Asset Management, LP

Strategy:

Universe: Small and mid-size US companies, $100M to $15B market cap.

Value investing based on:

1. Management experience
2. Balance sheet
3. Cash flow
4. Return on capital

Prospectus is here.

Adviser leadership team page is here.

Ballast Asset Management Manager Ragen Stienke LinkedIn page.

MGMT product page is here.

Ballast Asset Management LinkedIn page is here.