State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM)
State Street SPDR S&P 1500 Momentum Tilt ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $308.67, up 0.86% on the session, giving a market capitalisation of $171.2M. Its beta of 1.03 implies it has historically moved more than the broad market.
The State Street SPDR S&P 1500 Momentum Tilt ETF seeks to match the overall performance of the S&P 1500 Positive Momentum Tilt Index (the "Index") before any associated costs or fees. The Index is composed of stocks that show the most significant momentum, which is assessed by their price changes over the eleven months prior to one month before the Index is rebalanced. This Index then assigns a higher proportion to stocks with strong momentum and a lower proportion to those with weak momentum.
State Street SPDR S&P 1500 Momentum Tilt ETF is most often compared with the following Financial Services names: