SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) Shares Acquired by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. lifted its stake in SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) by 24.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 59,251 shares of the company’s stock after acquiring an additional 11,684 shares during the quarter. Baltimore Washington Financial Advisors Inc. owned 13.78% of SPDR S&P 1500 Momentum Tilt ETF worth $15,423,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Professional Financial Advisors LLC lifted its stake in SPDR S&P 1500 Momentum Tilt ETF by 0.3% during the 3rd quarter. Professional Financial Advisors LLC now owns 17,087 shares of the company’s stock worth $4,303,000 after acquiring an additional 43 shares in the last quarter. Castleview Partners LLC lifted its position in shares of SPDR S&P 1500 Momentum Tilt ETF by 184.1% during the third quarter. Castleview Partners LLC now owns 250 shares of the company’s stock worth $63,000 after purchasing an additional 162 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of SPDR S&P 1500 Momentum Tilt ETF by 61.1% in the fourth quarter. AdvisorNet Financial Inc now owns 485 shares of the company’s stock valued at $126,000 after purchasing an additional 184 shares during the period. Finally, Gateway Wealth Partners LLC grew its holdings in shares of SPDR S&P 1500 Momentum Tilt ETF by 8.2% in the fourth quarter. Gateway Wealth Partners LLC now owns 3,462 shares of the company’s stock valued at $901,000 after purchasing an additional 262 shares in the last quarter.

SPDR S&P 1500 Momentum Tilt ETF Trading Down 0.9 %

Shares of NYSEARCA MMTM opened at $265.08 on Tuesday. The stock has a market cap of $113.98 million, a P/E ratio of 23.11 and a beta of 1.09. The business’s fifty day simple moving average is $266.11 and its 200-day simple moving average is $254.95. SPDR S&P 1500 Momentum Tilt ETF has a 12-month low of $213.89 and a 12-month high of $274.19.

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.