Ethos Capital Management Inc. Buys Shares of 5,861 SPDR S&P 1500 Momentum Tilt ETF $MMTM

Ethos Capital Management Inc. bought a new stake in shares of SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,861 shares of the company’s stock, valued at approximately $1,712,000. SPDR S&P 1500 Momentum Tilt ETF makes up approximately 1.6% of Ethos Capital Management Inc.’s investment portfolio, making the stock its 17th largest position. Ethos Capital Management Inc. owned about 0.84% of SPDR S&P 1500 Momentum Tilt ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of MMTM. Goldman Sachs Group Inc. raised its position in SPDR S&P 1500 Momentum Tilt ETF by 484.9% during the 1st 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. Jane Street Group LLC bought a new stake in SPDR S&P 1500 Momentum Tilt ETF during the 1st quarter valued at $809,000. Flow Traders U.S. LLC bought a new stake in SPDR S&P 1500 Momentum Tilt ETF during the 2nd quarter valued at $254,000. Professional Financial Advisors LLC raised its position in SPDR S&P 1500 Momentum Tilt ETF by 3.6% during the 3rd quarter. Professional Financial Advisors LLC now owns 19,680 shares of the company’s stock valued at $5,622,000 after purchasing an additional 682 shares in the last quarter. Finally, Envestnet Asset Management Inc. bought a new stake in SPDR S&P 1500 Momentum Tilt ETF during the 3rd quarter valued at $264,000.

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

Shares of NYSEARCA MMTM opened at $286.51 on Wednesday. The business has a fifty day simple moving average of $291.08 and a two-hundred day simple moving average of $290.67. The firm has a market cap of $154.72 million, a PE ratio of 26.43 and a beta of 1.00. SPDR S&P 1500 Momentum Tilt ETF has a twelve month low of $209.98 and a twelve month high of $303.40.

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. MMTM was launched on Oct 24, 2012 and is managed by State Street.