Lido Advisors LLC Grows Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Lido Advisors LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 255,766 shares of the company’s stock after purchasing an additional 16,104 shares during the quarter. Lido Advisors LLC owned 0.10% of SPDR Portfolio S&P 400 Mid Cap ETF worth $15,146,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Ascentis Independent Advisors purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $29,000. Realta Investment Advisors boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the 1st quarter. Realta Investment Advisors now owns 513 shares of the company’s stock worth $30,000 after acquiring an additional 340 shares during the period. Crewe Advisors LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after acquiring an additional 182 shares during the period. Stone House Investment Management LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% in the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after acquiring an additional 197 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.3%

SPMD opened at $66.11 on Friday. The firm has a market capitalization of $18.25 billion, a P/E ratio of 4.64 and a beta of 1.00. The firm’s 50 day moving average is $65.81 and its 200-day moving average is $63.08. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $53.73 and a 52-week high of $67.68.

SPDR Portfolio S&P 400 Mid Cap ETF Company Profile

The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies selected by the S&P Committee. SPMD was launched on Nov 8, 2005 and is managed by State Street.