Sharkey Howes & Javer bought a new position in SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,548 shares of the company’s stock, valued at approximately $924,000.
A number of other hedge funds have also bought and sold shares of the business. Baltimore Washington Financial Advisors Inc. raised its position in SPDR S&P 1500 Momentum Tilt ETF by 24.6% in the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 59,251 shares of the company’s stock worth $15,423,000 after buying an additional 11,684 shares during the last quarter. Professional Financial Advisors LLC raised its position in SPDR S&P 1500 Momentum Tilt ETF by 7.9% in the 4th quarter. Professional Financial Advisors LLC now owns 18,429 shares of the company’s stock worth $4,797,000 after buying an additional 1,342 shares during the last quarter. Gateway Wealth Partners LLC raised its position in SPDR S&P 1500 Momentum Tilt ETF by 8.2% in the 4th quarter. Gateway Wealth Partners LLC now owns 3,462 shares of the company’s stock worth $901,000 after buying an additional 262 shares during the last quarter. Berkshire Money Management Inc. purchased a new position in SPDR S&P 1500 Momentum Tilt ETF in the 4th quarter worth about $458,000. Finally, J.W. Cole Advisors Inc. purchased a new position in SPDR S&P 1500 Momentum Tilt ETF in the 4th quarter worth about $203,000.
SPDR S&P 1500 Momentum Tilt ETF Stock Up 1.7 %
NYSEARCA MMTM opened at $260.99 on Friday. SPDR S&P 1500 Momentum Tilt ETF has a 52 week low of $215.16 and a 52 week high of $274.40. The firm has a market capitalization of $148.76 million, a P/E ratio of 28.70 and a beta of 0.99. The company has a 50-day moving average price of $266.36 and a 200-day moving average price of $259.27.
SPDR S&P 1500 Momentum Tilt ETF Company Profile
The SPDR S&P 1500 Momentum Tilt ETF (MMTM) is an exchange-traded fund that is based on the S&P 1500 Positive Momentum Tilt index. The fund tracks a tiered index that weights securities from the S&P 1500 according to a combination of their market capitalization and their price momentum over the previous 12 months.
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Want to see what other hedge funds are holding MMTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM – Free Report).
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