AdvisorNet Financial Inc raised its holdings in shares of SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM – Free Report) by 61.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 485 shares of the company’s stock after buying an additional 184 shares during the period. AdvisorNet Financial Inc’s holdings in SPDR S&P 1500 Momentum Tilt ETF were worth $126,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of MMTM. Gateway Wealth Partners LLC grew its holdings in shares of SPDR S&P 1500 Momentum Tilt ETF by 19.9% during the second quarter. Gateway Wealth Partners LLC now owns 2,375 shares of the company’s stock valued at $577,000 after buying an additional 395 shares during the last quarter. Castleview Partners LLC raised its holdings in shares of SPDR S&P 1500 Momentum Tilt ETF by 184.1% in the 3rd quarter. Castleview Partners LLC now owns 250 shares of the company’s stock worth $63,000 after acquiring an additional 162 shares during the last quarter. Professional Financial Advisors LLC lifted its position in SPDR S&P 1500 Momentum Tilt ETF by 0.3% in the 3rd quarter. Professional Financial Advisors LLC now owns 17,087 shares of the company’s stock valued at $4,303,000 after acquiring an additional 43 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. boosted its stake in SPDR S&P 1500 Momentum Tilt ETF by 6.4% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 47,567 shares of the company’s stock valued at $11,978,000 after purchasing an additional 2,846 shares during the last quarter.
SPDR S&P 1500 Momentum Tilt ETF Stock Performance
Shares of MMTM opened at $267.25 on Friday. The firm has a market capitalization of $114.92 million, a P/E ratio of 23.11 and a beta of 1.09. SPDR S&P 1500 Momentum Tilt ETF has a 52 week low of $203.55 and a 52 week high of $273.75. The stock has a 50 day moving average price of $265.03 and a two-hundred day moving average price of $253.39.
SPDR S&P 1500 Momentum Tilt ETF 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.
See Also
- Five stocks we like better than SPDR S&P 1500 Momentum Tilt ETF
- Airline Stocks – Top Airline Stocks to Buy Now
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- 3 Fintech Stocks With Good 2021 Prospects
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- Investing in Construction Stocks
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
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).
Receive News & Ratings for SPDR S&P 1500 Momentum Tilt ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 1500 Momentum Tilt ETF and related companies with MarketBeat.com's FREE daily email newsletter.
