Lido Advisors LLC Buys 258,953 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Lido Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 258,953 shares of the company’s stock, valued at approximately $16,324,000. Lido Advisors LLC owned about 0.09% of SPDR Portfolio S&P 400 Mid Cap ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SPMD. Mather Group LLC. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $27,000. Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at approximately $29,000. Independence Bank of Kentucky bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at approximately $32,000. Curry Webb Wealth Management LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock valued at $35,000 after acquiring an additional 228 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA:SPMD opened at $65.47 on Thursday. The company has a market cap of $19.08 billion, a P/E ratio of 4.60 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $54.53 and a 1 year high of $68.97. The stock’s fifty day moving average price is $64.34 and its 200-day moving average price is $64.11.

SPDR Portfolio S&P 400 Mid Cap ETF 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.