Castleview Partners LLC Has $63,000 Position in SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM)

Castleview Partners LLC increased its stake in SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) by 184.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 250 shares of the company’s stock after acquiring an additional 162 shares during the quarter. Castleview Partners LLC owned 0.06% of SPDR S&P 1500 Momentum Tilt ETF worth $63,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MMTM. Baltimore Washington Financial Advisors Inc. raised its holdings in SPDR S&P 1500 Momentum Tilt ETF by 10.2% during the second quarter. Baltimore Washington Financial Advisors Inc. now owns 44,721 shares of the company’s stock worth $10,863,000 after buying an additional 4,132 shares during the last quarter. Berkshire Money Management Inc. bought a new position in shares of SPDR S&P 1500 Momentum Tilt ETF during the 1st quarter valued at approximately $470,000. Gateway Wealth Partners LLC grew its holdings in SPDR S&P 1500 Momentum Tilt ETF by 19.9% during the second quarter. Gateway Wealth Partners LLC now owns 2,375 shares of the company’s stock valued at $577,000 after purchasing an additional 395 shares during the period. International Assets Investment Management LLC purchased a new stake in SPDR S&P 1500 Momentum Tilt ETF in the 2nd quarter worth about $58,000. Finally, Professional Financial Advisors LLC increased its stake in shares of SPDR S&P 1500 Momentum Tilt ETF by 1.0% in the second quarter. Professional Financial Advisors LLC now owns 17,044 shares of the company’s stock worth $4,140,000 after purchasing an additional 171 shares in the last quarter.

SPDR S&P 1500 Momentum Tilt ETF Price Performance

Shares of MMTM stock opened at $258.90 on Tuesday. SPDR S&P 1500 Momentum Tilt ETF has a 1 year low of $172.61 and a 1 year high of $259.95. The stock has a market capitalization of $111.32 million, a price-to-earnings ratio of 23.11 and a beta of 1.09. The company’s fifty day simple moving average is $248.15 and its two-hundred day simple moving average is $239.28.

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.