Gateway Wealth Partners LLC Buys 825 Shares of SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM)

Gateway Wealth Partners LLC increased its stake in shares of SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) by 34.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,200 shares of the company’s stock after purchasing an additional 825 shares during the quarter. Gateway Wealth Partners LLC owned about 0.74% of SPDR S&P 1500 Momentum Tilt ETF worth $806,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Professional Financial Advisors LLC boosted its stake in SPDR S&P 1500 Momentum Tilt ETF by 0.3% in the third 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 during the last quarter. Castleview Partners LLC grew its stake 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 during the period. International Assets Investment Management LLC acquired a new stake in shares of SPDR S&P 1500 Momentum Tilt ETF during the second quarter worth $58,000. Berkshire Money Management Inc. bought a new stake in SPDR S&P 1500 Momentum Tilt ETF in the first quarter valued at about $470,000. Finally, Baltimore Washington Financial Advisors Inc. lifted its stake in SPDR S&P 1500 Momentum Tilt ETF by 6.6% in the first quarter. Baltimore Washington Financial Advisors Inc. now owns 40,589 shares of the company’s stock valued at $9,334,000 after buying an additional 2,502 shares during the period.

SPDR S&P 1500 Momentum Tilt ETF Trading Up 0.4 %

SPDR S&P 1500 Momentum Tilt ETF stock opened at $257.18 on Tuesday. The firm has a market capitalization of $110.59 million, a P/E ratio of 23.11 and a beta of 1.09. The business has a 50-day moving average of $249.58 and a 200-day moving average of $240.29. SPDR S&P 1500 Momentum Tilt ETF has a 1 year low of $174.24 and a 1 year high of $259.95.

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.