Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) Trading 1.1% Higher

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Ballast Small/Mid Cap ETF (NYSEARCA:MGMTGet Rating) traded up 1.1% during mid-day trading on Wednesday . The stock traded as high as $31.65 and last traded at $31.39. 15,409 shares were traded during trading, an increase of 57% from the average session volume of 9,836 shares. The stock had previously closed at $31.04.

The firm’s 50-day moving average price is $33.38 and its 200-day moving average price is $35.09.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Argent Trust Co raised its holdings in shares of Ballast Small/Mid Cap ETF by 70.1% in the first quarter. Argent Trust Co now owns 58,246 shares of the company’s stock worth $2,053,000 after buying an additional 24,000 shares during the last quarter. Boenning & Scattergood Inc. grew its position in Ballast Small/Mid Cap ETF by 279.9% during the first quarter. Boenning & Scattergood Inc. now owns 35,167 shares of the company’s stock valued at $1,239,000 after buying an additional 25,910 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Ballast Small/Mid Cap ETF in the fourth quarter valued at about $1,316,000.

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