SPDR S&P 1500 Momentum Tilt ETF $MMTM Holdings Lifted by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. grew its holdings in shares of SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) by 3.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,409 shares of the company’s stock after buying an additional 1,942 shares during the period. Baltimore Washington Financial Advisors Inc. owned 12.15% of SPDR S&P 1500 Momentum Tilt ETF worth $17,171,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Centurion Wealth Management LLC increased its position in SPDR S&P 1500 Momentum Tilt ETF by 22.0% in the 2nd quarter. Centurion Wealth Management LLC now owns 1,733 shares of the company’s stock valued at $462,000 after acquiring an additional 313 shares during the period. Jane Street Group LLC bought a new position in shares of SPDR S&P 1500 Momentum Tilt ETF in the first quarter worth $809,000. IFP Advisors Inc increased its holdings in shares of SPDR S&P 1500 Momentum Tilt ETF by 20.4% during the second quarter. IFP Advisors Inc now owns 3,795 shares of the company’s stock valued at $1,012,000 after purchasing an additional 642 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of SPDR S&P 1500 Momentum Tilt ETF by 59.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 8,943 shares of the company’s stock valued at $2,403,000 after purchasing an additional 3,349 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of SPDR S&P 1500 Momentum Tilt ETF by 484.9% during the first quarter. Goldman Sachs Group Inc. now owns 13,323 shares of the company’s stock valued at $3,210,000 after purchasing an additional 11,045 shares in the last quarter.

SPDR S&P 1500 Momentum Tilt ETF Stock Up 1.0%

Shares of MMTM opened at $291.09 on Thursday. The firm has a market capitalization of $151.37 million, a PE ratio of 26.43 and a beta of 0.99. The firm has a 50-day moving average price of $286.94 and a 200 day moving average price of $273.94. SPDR S&P 1500 Momentum Tilt ETF has a 52-week low of $205.02 and a 52-week high of $298.69.

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.