Sharkey Howes & Javer Buys Shares of 3,548 SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM)

Sharkey Howes & Javer bought a new stake in shares of SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 3,548 shares of the company’s stock, valued at approximately $924,000. Sharkey Howes & Javer owned about 0.83% of SPDR S&P 1500 Momentum Tilt ETF at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MMTM. Baltimore Washington Financial Advisors Inc. lifted its position in SPDR S&P 1500 Momentum Tilt ETF by 24.6% during the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 59,251 shares of the company’s stock valued at $15,423,000 after purchasing an additional 11,684 shares during the last quarter. Berkshire Money Management Inc. bought a new stake in SPDR S&P 1500 Momentum Tilt ETF during the fourth quarter valued at approximately $458,000. Professional Financial Advisors LLC lifted its position in SPDR S&P 1500 Momentum Tilt ETF by 7.9% during the fourth quarter. Professional Financial Advisors LLC now owns 18,429 shares of the company’s stock valued at $4,797,000 after purchasing an additional 1,342 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in SPDR S&P 1500 Momentum Tilt ETF during the fourth quarter valued at approximately $203,000. Finally, Gateway Wealth Partners LLC lifted its position in SPDR S&P 1500 Momentum Tilt ETF by 8.2% during 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 during the last quarter.

SPDR S&P 1500 Momentum Tilt ETF Price Performance

Shares of SPDR S&P 1500 Momentum Tilt ETF stock opened at $260.99 on Friday. SPDR S&P 1500 Momentum Tilt ETF has a 1 year low of $215.16 and a 1 year high of $274.40. The firm has a market cap of $148.76 million, a PE ratio of 28.70 and a beta of 0.99. The company has a 50 day simple moving average of $266.36 and a two-hundred day simple moving average of $259.27.

About SPDR S&P 1500 Momentum Tilt ETF

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.