# Ballast Small/Mid Cap ETF (MGMT) — Overview

MGMT · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/mgmt

## Price

Last close $49.07 on Oct 15, 2026. 52-week range $40.77 – $52.25.

## Fund profile

MGMT is an actively-managed fund that aims for positive risk-adjusted returns.

| Metric | Value |
| --- | --- |
| Issuer | Ballast Asset Management, LP |
| Industry | — |
| Inception | Dec 2, 2020 |
| Assets under management | $162.2M |
| Expense ratio | 1.10% |
| Net asset value | $49.07 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Ballast Small/Mid Cap ETF (MGMT)?

MGMT is an actively-managed fund that aims for positive risk-adjusted returns.

### What is MGMT's expense ratio?

Ballast Small/Mid Cap ETF charges an annual expense ratio of 1.10%. The fund is issued by Ballast Asset Management, LP.

### How large is MGMT?

Ballast Small/Mid Cap ETF manages $162.2M in assets and has traded since Dec 2, 2020.

### How do I buy shares of Ballast Small/Mid Cap ETF (MGMT)?

MGMT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).