Wealth Enhancement Advisory Services LLC Buys 3,349 Shares of SPDR S&P 1500 Momentum Tilt ETF $MMTM

Wealth Enhancement Advisory Services LLC boosted its stake in shares of SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) by 59.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,943 shares of the company’s stock after purchasing an additional 3,349 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 1.63% of SPDR S&P 1500 Momentum Tilt ETF worth $2,403,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Aspire Capital Advisors LLC bought a new stake in SPDR S&P 1500 Momentum Tilt ETF during the first quarter worth approximately $301,000. Centurion Wealth Management LLC boosted its position in SPDR S&P 1500 Momentum Tilt ETF by 22.0% during the second quarter. Centurion Wealth Management LLC now owns 1,733 shares of the company’s stock worth $462,000 after purchasing an additional 313 shares during the period. Jane Street Group LLC bought a new stake in SPDR S&P 1500 Momentum Tilt ETF during the first quarter worth approximately $809,000. Gateway Wealth Partners LLC boosted its position in SPDR S&P 1500 Momentum Tilt ETF by 5.2% during the first quarter. Gateway Wealth Partners LLC now owns 3,643 shares of the company’s stock worth $878,000 after purchasing an additional 181 shares during the period. Finally, Sharkey Howes & Javer boosted its position in SPDR S&P 1500 Momentum Tilt ETF by 7.4% during the first quarter. Sharkey Howes & Javer now owns 3,809 shares of the company’s stock worth $918,000 after purchasing an additional 261 shares during the period.

SPDR S&P 1500 Momentum Tilt ETF Trading Up 0.5%

MMTM opened at $283.72 on Friday. The stock has a market capitalization of $150.37 million, a price-to-earnings ratio of 26.43 and a beta of 0.96. The business has a 50 day moving average of $276.46 and a 200-day moving average of $258.55. SPDR S&P 1500 Momentum Tilt ETF has a 1-year low of $205.02 and a 1-year high of $286.92.

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.